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    40Th St Lawton, OK 73505

    For Sale
    $112,500

    Prime Lawton location, commercial potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.07-acre commercial land parcel, designated Lot B, is situated in Lawton, Oklahoma, at 2.07ac NW 40th St, zip code 73505. Currently zoned R-4, the property offers significant potential for commercial development, with the city expressing openness to rezoning. The asking price is $112,500, translating to a land value of $1.25 per square foot. This lot enjoys a highly desirable location just south of the high-traffic NW Cache Road and west of NW 38th Street. Its proximity to established businesses adds to its appeal. Nearby businesses include Locke Supply, The Home Depot, Starbucks Coffee, and the Baymont by Wyndham Hotel, as well as the Candlewood Suites and the P&B Center. This property is available for purchase individually or in conjunction with the adjacent 1.75-acre Lot A (sold separately). The property's strategic location and potential for commercial use make it an attractive investment opportunity in a thriving Lawton market. Comanche County location provides access to key transportation routes and a strong local economy. Serious inquiries are encouraged.

    Property Features for 0 40Th St

    General Information

    Property type
    Land
    Lot Size
    90,169 SF

    HighLights

    • 2.07‑acre lot (Lot B) available for sale, south of heavily trafficked NW Cache Rd.
    • Adjacent 1.75‑acre lot (Lot A) also available for purchase.
    • Excellent location near Locke Supply, Home Depot, Starbucks, and Baymont Inn & Suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4429838
    Latitude
    34.6231413

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    FAQs

    What type of property is this?
    Land - Prime Lawton location, commercial potential.
    Where is this land located?
    The property is located at 40Th St Lawton, OK.
    What is the asking price?
    The asking price for this property is $112,500.
    What are key features of this property?
    This property features: 2.07-acre lot (Lot B) available for sale, south of heavily trafficked NW Cache Rd.; Adjacent 1.75-acre lot (Lot A) also available for purchase.; Excellent location near Locke Supply, Home Depot, Starbucks, and Baymont Inn & Suites.
    (580) 353-6100
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    40Th St Lawton, OK 73505
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    Lawton, OK 73505
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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
    40Th St Lawton, OK 73505
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