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    12504 Lee Blvd Lawton, OK 73505

    For Sale
    $275,000

    1.01-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.014-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at 12504 SW Lee Blvd., this property boasts a prime location zoned for commercial use, offering significant potential for various development projects. The asking price is $275,000, translating to a land value of $6.23 per square foot. The lot's strategic position at the corner of SW Lee Blvd. and SW Deyo Mission Rd. ensures high visibility and accessibility. Adding to its appeal, a new residential subdivision is currently under development directly north of the property, suggesting a growing and vibrant community. Furthermore, the property's proximity—just one mile west of the Goodyear plant—provides easy access to a significant employment center and established infrastructure. This raw land is ready for immediate development, making it an attractive proposition for investors seeking to capitalize on Lawton's commercial growth. The property is situated in Comanche County, Oklahoma, with a 73505 zip code. Its coordinates are 34.594474 latitude and -98.5430424 longitude. This is a rare opportunity to acquire a sizable commercial lot in a rapidly developing area.

    Property Features for 12504 Lee Blvd

    General Information

    Property type
    Land
    Lot Size
    44,170 SF

    HighLights

    • Commercial development land.
    • Adjacent to a new residential subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Kitchen & Bath Garden Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.5430424
    Latitude
    34.594474

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    FAQs

    What type of property is this?
    Land - 1.01-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 12504 Lee Blvd Lawton, OK.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Commercial development land.; Adjacent to a new residential subdivision.;
    (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
    12504 Lee Blvd Lawton, OK 73505
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