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    1801 Sheridan Rd Lawton, OK 73505

    For Sale
    $300,000

    Prime Lawton location, high-traffic corner. Retail & warehouse space.

    Property size:
    4,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 4,444 square foot retail storefront located at 1801 NW Sheridan Rd, Lawton, OK 73505. The property, situated on a 0.91-acre lot (APN 0032210), boasts a prime corner location at the intersection of NW Andrews Ave and NW Sheridan Rd. The building, constructed in 1958, is classified as Class C and features a mix of retail and warehouse space, totaling 4,444 square feet. The net rentable area is 2,940 square feet. The asking price is $300,000, translating to $67.51 per square foot. The property is zoned C-5, allowing for a variety of commercial uses. Currently, the retail portion of the building is occupied by a tenant under a gross lease agreement. An additional vacant lot, suitable for separate sale or lease, is also available. Underground storage tanks have been removed from the property. This owner/user investment presents a unique opportunity to acquire a well-located commercial property with existing income and significant development potential. The property's strategic location and versatile space make it an ideal investment for both owner-occupiers and investors seeking a strong return.

    Property Features for 1801 Sheridan Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,444 SF
    Class
    C
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1958
    Stories
    1

    HighLights

    • 4,444 SF retail storefront on a 0.91‑acre lot in Lawton, OK.
    • Prime corner location at NW Andrews Ave & NW Sheridan Rd (APN 0032210).
    • Class C building (1958 construction) with 2,940 SF net rentable area.
    • Asking price: $300,000 ($67.51/SF).
    • C‑5 zoning allows for diverse commercial uses.
    • Partially occupied with a gross lease tenant; additional vacant lot available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ron's Quality Buildings ... Portable Building Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -98.421604
    Latitude
    34.627332

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    FAQs

    What type of property is this?
    Individual retail property - Prime Lawton location, high-traffic corner. Retail & warehouse space.
    Where is this individual retail property located?
    The property is located at 1801 Sheridan Rd Lawton, OK.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 4,444 SF retail storefront on a 0.91-acre lot in Lawton, OK.; Prime corner location at NW Andrews Ave & NW Sheridan Rd (APN 0032210).; Class C building (1958 construction) with 2,940 SF net rentable area.
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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
    1801 Sheridan Rd Lawton, OK 73505
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