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    42Nd St Lawton, OK 73505

    For Sale
    $186,000

    31 Acres, R-4 Zoning, Cameron University Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 31-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at the intersection of SW K Avenue and 42nd Street, this unplatted property boasts an R-4 zoning designation, offering considerable development potential. Its strategic location places it just three blocks west of SW 38th Street and directly adjacent to Cameron University. This prime location makes it ideally suited for a variety of projects, including student housing developments catering to the university's large student population. The expansive acreage allows for the creation of a self-contained community, potentially incorporating apartments, retail shops, and restaurants, all within walking distance of the university. The asking price for this significant land holding is $186,000. The property is situated in Comanche County, Oklahoma, with a 73505 zip code. This is a rare chance to acquire a substantial tract of land in a high-growth area with excellent access to a major university and established infrastructure. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity.

    Property Features for 0 42Nd St

    General Information

    Property type
    Land
    Lot Size
    1,350,360 SF

    HighLights

    • 31‑acre commercial land parcel in Lawton, OK.
    • R‑4 zoning allows for high‑density development.
    • Located at SW K Avenue and 42nd Street, three blocks west of SW 38th Street, adjacent to Cameron University.
    • $186,000 asking price.
    • Ideal for student housing, retail, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4461348
    Latitude
    34.5973678

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    FAQs

    What type of property is this?
    Land - 31 Acres, R-4 Zoning, Cameron University Proximity
    Where is this land located?
    The property is located at 42Nd St Lawton, OK.
    What is the asking price?
    The asking price for this property is $186,000.
    What are key features of this property?
    This property features: 31-acre commercial land parcel in Lawton, OK.; R-4 zoning allows for high-density development.; Located at SW K Avenue and 42nd Street, three blocks west of SW 38th Street, adjacent to Cameron University.
    (580) 357-2727
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    42Nd 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
    42Nd St Lawton, OK 73505
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