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1601 Cache Rd Lawton, OK 73507

Sponsored
For Sale
$625,000

Profitable Motel, High Traffic Location

Property size:
9,048 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This fully equipped, 30-unit motel in Lawton, Oklahoma, presents a compelling redevelopment opportunity. Situated on a 0.48-acre lot at the hard corner of NW 16th and NW Cache Rd, just west of I-44, this C-class property boasts 9,048 square feet across two, two-story buildings. Built in 1945, the property features 31 beds and 33 keys, currently operating at 50% occupancy. The asking price is $625,000 ($69.08/sq ft). The property includes commercial signage, a slab porch with a roof, and ample private parking. Its prime location benefits from high traffic counts and proximity to established businesses such as Hibdon Tires, Wendy's, Budget Inn, Jeff's Key & Safe Shop, Junction Restaurant, and Sanders Hardware. The property is zoned C-5, offering flexibility for redevelopment. This opportunistic investment is for sale by owner and presents significant potential for increased profitability and return. The APN is 160044363.

Property Features for 1601 Cache Rd

General Information

Property type
Motels
Square Feet
9,048 SF
Class
C
Lot Size
20,909 SF

Building Details

Year Built
1945
Buildings
2
Stories
2
Units
30

HighLights

  • High‑traffic location.
  • Excellent visibility with commercial signage, covered porch, and abundant parking.
  • Strong surrounding tenant mix including national and local businesses.
Property Profile Location Intelligence

Current Use by Public Records

Ranch Motel Motel

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
-98.413640551259
Latitude
34.623309673155

FAQs

What type of property is this?
Motel - Profitable Motel, High Traffic Location
Where is this motel located?
The property is located at 1601 Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: High-traffic location.; Excellent visibility with commercial signage, covered porch, and abundant parking.; Strong surrounding tenant mix including national and local businesses.
More about this property
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