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    111 Sheridan Rd Lawton, OK 73505

    For Sale
    $425,000

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.64-acre commercial lot is situated on the highly visible corner of SW Sheridan Rd and SW A Ave in Lawton, Oklahoma, just south of W Gore Blvd. Boasting approximately 27,675 square feet, this C-5 zoned property presents a remarkable opportunity for investors and developers. The land is priced at $425,000, translating to $15.24 per square foot. Its strategic location benefits from high traffic counts and proximity to established businesses including McDonald's, Taco Bell, Wayne's Drive-in, O'Reilly's Auto Parts, and Car Mart, ensuring high visibility and potential for strong returns. The lot's dimensions are approximately 1135 feet by 1200 feet. In addition to the sale option, this property is also available for lease at a monthly rate of $2,000. This versatile property offers significant potential for a variety of commercial ventures. The property's address is 111 SW Sheridan Rd, Lawton, OK 73505. Don't miss this chance to acquire a prime commercial location in a thriving area.

    Property Features for 111 Sheridan Rd

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • Hard corner commercial lot available for sale at SW Sheridan Rd and SW A Ave. ±27,000 SF.
    • Lot dimensions: ±135' x ±200'.
    • Also available for lease at $2,000/month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.422772
    Latitude
    34.607289

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at 111 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Hard corner commercial lot available for sale at SW Sheridan Rd and SW A Ave. ±27,000 SF.; Lot dimensions: ±135' x ±200'.; Also available for lease at $2,000/month.
    (580) 353-6100
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    111 Sheridan Rd Lawton, OK 73505
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    Lawton, OK 73505
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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
    111 Sheridan Rd Lawton, OK 73505
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