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    2124 Columbia Ave Lawton, OK 73505

    For Sale
    $220,000

    Prime Lawton location, high traffic, redevelopment potential.

    Property size:
    2,365 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,365 square foot executive office building, located at 2124 NW Columbia Ave in Lawton, Oklahoma, presents a unique investment opportunity. Situated on a 0.45-acre lot in Comanche County (zip code 73505), this 1950-built property is zoned R-1, offering flexibility for various uses. The building currently functions as an executive office space, but its strategic corner location at the intersection of high-traffic Sheridan Road and Columbia Avenue presents significant redevelopment potential. The property's current zoning allows for the possibility of rezoning, opening doors to a wider range of commercial uses. The existing structure could be renovated for continued use as an office or other commercial building, or it could be demolished to make way for new construction. This prime location boasts proximity to established businesses such as Walgreens, Beach Babe Glow, Hobby Lobby, and Ross, ensuring high visibility and convenient access for potential tenants or customers. The asking price for this versatile property is $220,000. This presents a compelling opportunity for investors seeking a high-traffic location with significant upside potential. The property's size and location make it an ideal candidate for a variety of commercial ventures.

    Property Features for 2124 Columbia Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,365 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1950

    HighLights

    • 2,365 SF executive office building on a 0.45‑acre lot in Lawton, OK.
    • High‑traffic corner location at Sheridan Rd. and Columbia Ave.
    • Potential for rezoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4218707
    Latitude
    34.6137537

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lawton location, high traffic, redevelopment potential.
    Where is this office property / space located?
    The property is located at 2124 Columbia Ave Lawton, OK.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: 2,365 SF executive office building on a 0.45-acre lot in Lawton, OK.; High-traffic corner location at Sheridan Rd. and Columbia Ave.; Potential for rezoning.
    (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
    2124 Columbia Ave Lawton, OK 73505
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