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    1216 Cache Rd Lawton, OK 73507

    For Sale
    $150,000

    0.48-acre development site, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.48-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at 1216 NW Cache Rd., this C-5 zoned property boasts a highly desirable location with significant daily traffic volume. The land is comprised of three vacant lots, providing ample space for a variety of commercial developments. Its strategic positioning offers excellent visibility and accessibility, placing it in close proximity to several established businesses, including Hibdon's Tires, Walmart, Wendy's, CVS Pharmacy, and Express Employment Professionals. The asking price is $150,000, translating to a land value of $7.14 per square foot. This property's prime location and zoning make it ideal for entrepreneurs and investors seeking a high-traffic, high-visibility site for their next commercial venture. The address is 1216 NW Cache Rd., Lawton, OK 73507, situated in Comanche County. This is a rare opportunity to acquire a well-positioned commercial development site in a thriving area of Lawton. Don't miss out on this chance to capitalize on the potential of this exceptional property.

    Property Features for 1216 Cache Rd

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • Excellent NW Cache Rd. location.
    • High daily traffic counts ensure strong visibility.
    • Strong co‑tenancy with Hebden's Tires, Walmart, Wendy's, CVS Pharmacy, and Express Employment Professionals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.411488
    Latitude
    34.622921

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    FAQs

    What type of property is this?
    Land - 0.48-acre development site, high traffic.
    Where is this land located?
    The property is located at 1216 Cache Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Excellent NW Cache Rd. location.; High daily traffic counts ensure strong visibility.; Strong co-tenancy with Hebden's Tires, Walmart, Wendy's, CVS Pharmacy, and Express Employment Professionals.
    (580) 353-6100
    Request Owner's contact information
    1216 Cache Rd Lawton, OK 73507
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    Lawton, OK 73507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1216 Cache Rd Lawton, OK 73507
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