Commercial Lots with Office
For Sale
Contact for pricing
1200 SW 67th St, Lawton, OK 73505
Three commercial lots for sale, one with office building.
Property Size3,900 SF
Price / SF$179.49
Days on Market835
Property Features for 1200 SW 67th St
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Land
Listing Agency:
Insight Commercial Real Estate
(580) 353-6100
Listed By:
Melissa Busse · License #OK
Source:
Crexi
Added: Apr 24, 2024
Changed: Jul 10
Last Checked: Aug 4 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Insight Commercial Real Estate
Investment Insights
Based on property information with market context.
Three commercial lots are available for sale, situated on the southwest corner of 67th Street and Lee Boulevard, a high-traffic area. One of the parcels includes an income-producing office building with approximately 3,900 square feet. Financial details are available upon signing a non-disclosure agreement. The remaining two parcels are ready for development. The location is near Southwestern Hospital, Brentwood Senior Living, and Chateau of Lawton.
Key Highlights
- High traffic location on the hard corner of SW 67th St. and Lee Blvd.
- Includes an income‑producing ±3,900sf office building.
- Three commercial lots included in the sale.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.3k | $19.56 |
| − Vacancy | −$7.7k | −$1.98 |
| EGI | $68.6k | $17.58 |
| − OpEx | −$17.1k | −$4.40 |
| NOI | $51.4k | $13.19 |
3,900 SF · lease $19.56/SF/yr · vacancy 10.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$734.8K
$642.9K – $857.2K
NOI $51,434 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$959.1K
$839.2K – $1.12M
NOI $67,134 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 73505, OK
46,881
Population
22,124
Households
2.1
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
64.6 sq mi
ZIP Area
726
Density / Sq Mi
$57,496
Median Household Income
$33,601
Median Earnings
$915
Median Rent
$147,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three commercial lots for sale, one with office building.
Where is this commercial land located?
The property is located at 1200 SW 67th St Lawton, OK.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High traffic location on the hard corner of SW 67th St. and Lee Blvd.; Includes an income‑producing ±3,900sf office building.; Three commercial lots included in the sale.
