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    1302 2Nd St Lawton, OK 73501

    For Sale
    $250,000

    Prime Lawton location, 6,240 sq ft auto shop. Vacant.

    Property size:
    6,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 6,240 square foot industrial/retail auto shop, located at 1302 SW 2nd St in Lawton, Oklahoma, is available for sale at $250,000. The property, built in 1974 and zoned I-4, features a main building with overhead doors, an office, and weight scales. A separate storage building is situated at the rear of the property. The 5,040 square foot net rentable area offers ample space for various automotive uses. The property is fully fenced, providing security and privacy. Its convenient location offers easy access to I-44 via SW Lee Blvd, and is surrounded by complementary businesses including Southside Automotive & Exhaust, Car Craft Auto Body, ASE Automotive, Sutherlands, and Kasey's Tire & Auto. The property is currently vacant and available for lease at $3,250 per month on a modified lease agreement. This presents a unique opportunity for an investor or business owner seeking a well-located, established auto shop in a thriving commercial area of Lawton, Oklahoma. The asking price of $250,000 translates to $40.06 per square foot.

    Property Features for 1302 2Nd St

    General Information

    Property type
    Automotive properties
    Square Feet
    6,240 SF

    Building Details

    Year Built
    1974

    HighLights

    • Fully fenced perimeter.
    • Main building features overhead doors, office, and weight scales.
    • Excellent location near Southside Automotive, Car Craft Auto Body, ASE Automotive, Sutherlands, and Kasey's Tire & Auto.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3900493
    Latitude
    34.5929398

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    FAQs

    What type of property is this?
    Automotive property - Prime Lawton location, 6,240 sq ft auto shop. Vacant.
    Where is this automotive property located?
    The property is located at 1302 2Nd St Lawton, OK.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Fully fenced perimeter.; Main building features overhead doors, office, and weight scales.; Excellent location near Southside Automotive, Car Craft Auto Body, ASE Automotive, Sutherlands, and Kasey's Tire & Auto.
    Request Owner's contact information
    1302 2Nd St Lawton, OK 73501
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    Lawton, OK 73501
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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
    1302 2Nd St Lawton, OK 73501
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