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    613 Sheridan Rd Lawton, OK 73505

    Sponsored
    For Sale
    $399,000

    12,800 SF Multi-Tenant Retail, Vacant

    Property size:
    12,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 12,800 square foot multi-tenant retail property situated on a high-traffic section of Sheridan Road in Lawton, Oklahoma. The property, priced at $399,000 ($31.17/SF), comprises two buildings totaling 12,800 square feet of net rentable space on a 1.79-acre lot. Building 613 offers approximately 2,400 square feet of open floor plan space, while the connected Building 619-621 provides approximately 10,400 square feet, with each side measuring 50 feet wide by 104 feet deep (approximately 5,200 square feet each). An additional vacant lot to the west offers significant potential for expansion. The property boasts a C-5 zoning designation and was renovated in 2020, although the original construction dates back to 1953 and 1968. Currently vacant, this property is ideal for owner-users seeking a core-plus investment in a prime location. Nearby businesses include Stripes Convenience Store, Comanche County Fairgrounds, Comanche County Health Department, and a Burger King, indicating strong surrounding commercial activity. The property's location is one block north of rail service, providing convenient access to transportation. This is a rare opportunity to acquire a substantial retail property with expansion potential in a thriving Lawton, Oklahoma market. The property's APN numbers are 0025008, 0025007, 0025006, 0025005, 0025004, 0090507, and 0090506.

    Property Features for 613 Sheridan Rd

    General Information

    Property type
    Day care centers
    Square Feet
    12,800 SF
    Class
    C
    Lot Size
    77,972 SF

    Building Details

    Year Renovated
    2020
    Buildings
    2
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    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
    -98.42231752755
    Latitude
    34.602102303768

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    FAQs

    What type of property is this?
    Day care center - 12,800 SF Multi-Tenant Retail, Vacant
    Where is this day care center located?
    The property is located at 613 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $399,000.
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    613 Sheridan Rd 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
    613 Sheridan Rd Lawton, OK 73505
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