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    1214 A Ave Lawton, OK 73501

    For Sale
    $150,000

    0.34-acre lot, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 0.34-acre commercial lot, located at 1214 SW A Ave in Lawton, Oklahoma (zip code 73501), is zoned C-5 and presents a unique investment opportunity. Currently improved with three residential rental properties, one of which is currently leased, the land's highest and best use is likely new construction. Ideal for owner-occupied office, retail, or restaurant space. The property enjoys a highly visible location just one block from W Gore Blvd, a major thoroughfare with significant traffic volume. This ensures excellent exposure for any new development. The open lot directly faces W Gore Blvd, providing exceptional visibility to potential customers. The surrounding area boasts a mix of established businesses, including the United Way of Lawton-Ft. Sill, Domino's Pizza, TLT Properties, Goodyear Auto Service Center, Lawton Carpet Company, Sherwin-Williams Paint Store, and Stripes. The asking price is $150,000, translating to a land value of $10 per square foot. This property offers a compelling blend of existing income potential and significant future development upside in a vibrant commercial corridor. The Comanche County location provides easy access to key transportation routes and a strong local market.

    Property Features for 1214 A Ave

    General Information

    Property type
    Land
    Lot Size
    14,810 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4072521
    Latitude
    34.6070827

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    FAQs

    What type of property is this?
    Land - 0.34-acre lot, high-traffic location.
    Where is this land located?
    The property is located at 1214 A Ave Lawton, OK.
    What is the asking price?
    The asking price for this property is $150,000.
    (580) 353-6100
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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
    1214 A Ave Lawton, OK 73501
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