Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2701-2705 Sheridan Rd Lawton, OK 73505

    For Sale
    $950,000

    Fully Leased, High-Traffic Location

    Property size:
    13,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Lawton, Oklahoma retail investment presents a rare opportunity to acquire two fully leased buildings totaling 13,960 square feet on a 2.6-acre lot. Located at 2701-2705 NW Sheridan Rd, just south of Ft. Sill Gate 4, this property benefits from high traffic volume and a prime location. The main building, approximately 7,000 square feet with an additional 2,000 square feet of covered canopy, is currently leased as a bar and offers significant potential for conversion to a restaurant/bar with outdoor seating. A second building, housing a long-established barber shop specializing in military cuts and a T-shirt business, completes the current tenant mix. The property boasts 100% occupancy and a strong rental income stream. Adding to its appeal is approximately 45,750 square feet of undeveloped land zoned R-4, ideal for high-density apartment development. The property is zoned C-5, offering flexibility for future uses. The asking price is $950,000, representing a price per square foot of $68.05. This is a compelling investment opportunity in a thriving market.

    Property Features for 2701-2705 Sheridan Rd

    General Information

    Property type
    Restaurants
    Square Feet
    13,960 SF
    Lot Size
    113,256 SF

    Building Details

    Buildings
    2

    HighLights

    • 100% occupied, generating strong rental income.
    • Two retail buildings totaling 13,960 square feet on a 2.6‑acre lot, plus 45,750 square feet of R‑4 zoned land.
    • Prime Lawton, OK location, just south of Ft. Sill Gate 4, in a high‑traffic area.
    • C‑5 zoning allows for flexible future uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.4219218
    Latitude
    34.6353907

    Nearby Similar for Sale

    • $400,000
      6,000 SF

      Turnkey Church/Training Facility in Lawton

      6,000 SF building ideal for church or training center.
      104 SW 11Th St, Lawton, OK 73501
      View Details
    • $1,490,000
      44,000 SF

      Lawton Industrial Warehouse Opportunity

      44,000 SF industrial warehouse suitable for manufacturing, logistics, or warehousing.
      301 SE D Ave, Lawton, OK 73501
      View Details
    • $895,000
      22,080 SF

      Lawton Commercial Property For Sale

      22,080 SF commercial property in Lawton, Oklahoma.
      102 SW 11Th St, Lawton, OK 73501
      View Details
    • $139,900
      1,824 SF

      Lawton Office Building For Sale

      Versatile office building with high visibility on Cache Road.
      1222 NW Cache Rd, Lawton, OK 73507
      View Details
    • $120,000

      Well-Maintained Duplex in Lawton, OK

      Duplex for sale with long-term tenants and pet-friendly units.
      2419 NW Cheyenne Ave, Lawton, OK 73505
      View Details
    • $115,000
      2,531 SF

      Lawton Triplex with New Upgrades

      Triplex in Lawton, OK, with new roof and siding.
      1602 NW Columbia Ave, Lawton, OK 73507
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully Leased, High-Traffic Location
    Where is this restaurant located?
    The property is located at 2701-2705 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 100% occupied, generating strong rental income.; Two retail buildings totaling 13,960 square feet on a 2.6-acre lot, plus 45,750 square feet of R-4 zoned land.; Prime Lawton, OK location, just south of Ft. Sill Gate 4, in a high-traffic area.
    Request Owner's contact information
    2701-2705 Sheridan Rd Lawton, OK 73505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2701-2705 Sheridan Rd
    Lawton, OK 73505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2701-2705 Sheridan Rd Lawton, OK 73505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.