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    1 112Th St Lawton, OK 73505

    For Sale
    $1,600,000

    14,000 SF Warehouse, 5.2 Acres

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This Lawton, Oklahoma property offers a 14,000-square-foot, single-story Class B warehouse built in 1996 and renovated in 2000. Situated on a 5.2-acre lot outside city limits, this multi-tenant building features a 15-foot ceiling height. Currently operating as a successful auto auction, the sale includes the building, all improvements, furniture, equipment, and associated auction business items. This includes a Freightliner semi-truck with a 2020 Cottrell 7-car trailer, a 3-car Easy Haul trailer, and a 1-ton Chevy Duramax truck. The property boasts approximately 400+ gravel parking spaces and a drive-through auction tunnel. The seller will vacate prior to closing if the buyer does not intend to continue the existing business. The property is not zoned. The asking price is $1,600,000, translating to $114.29 per square foot. This represents a unique opportunity for an investor or business owner seeking a substantial industrial space with existing infrastructure and equipment.

    Property Features for 1 112Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    14,000 SF
    Class
    B
    Lot Size
    226,512 SF

    Building Details

    Year Built/Renovated
    1996/2000
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Lawton/Cache Auto Auction location.
    • 14,000 square foot building.
    • 5.2 acres of land (more or less).
    • Approximately 400 gravel parking spaces.
    • Includes one Freightliner semi‑truck, one seven‑car trailer, one three‑car trailer, and one one‑ton Chevy Duramax truck.
    • Unzoned, located outside city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lawton Cache Auto ... Auction House

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Skin Care Clinic Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.52767407
    Latitude
    34.60800317

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    FAQs

    What type of property is this?
    Distribution property - 14,000 SF Warehouse, 5.2 Acres
    Where is this distribution property located?
    The property is located at 1 112Th St Lawton, OK.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Lawton/Cache Auto Auction location.; 14,000 square foot building.; 5.2 acres of land (more or less).
    Request Owner's contact information
    1 112Th St 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
    1 112Th St Lawton, OK 73505
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