1200 SW 67th St, Lawton, OK 73505
Three commercial lots for sale, one with office building.
- Added:
- Apr 24, 2024
- Days on Market:
- 789
- Last Refresh:
- May 12 at 11:00 pm
Property Features for 1200 SW 67th St
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Land
Listing agent Melissa Busse License #OK
Listing office Insight Commercial Real Estate (580) 353-6100
Listing date Apr 24, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Insight Commercial Real Estate
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.
- Parcels 2 and 3 are ready for development.
- Located near Southwestern Hospital.
- Located near Brentwood Senior Living and Chateau of Lawton.
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.474661
- Latitude
- 34.595149
