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    Lawton Downtown Ctr Lawton, OK 73501

    For Sale
    Contact for pricing

    3.5-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma's vibrant downtown area. Located within the Lawton Downtown Center, this property (Lot 3, Block 1) boasts 452 feet of frontage on North Railroad Street. The site is zoned I-3, I-1, R-3, and C-5, allowing for a diverse range of development possibilities. Its strategic location offers excellent visibility and accessibility, situated near major thoroughfares and surrounded by established businesses. Nearby amenities include Kohl's, Joann Fabrics, Dick's Sporting Goods, Ulta, Bed Bath & Beyond, Dollar Tree, the Hilton Garden Inn, and Days Inn, ensuring high foot traffic and consumer presence. The land's proximity to Elmer Thomas Park and its new athletic complex further enhances its appeal. With its substantial size and flexible zoning, this property is ideal for developers seeking a high-impact location to build a variety of commercial ventures. The land value is priced between $2 and $3 per square foot. This is a rare chance to acquire a significant piece of Lawton's burgeoning downtown landscape.

    Property Features for 0 Lawton Downtown Ctr

    General Information

    Property type
    Land
    Lot Size
    152,460 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.2431747
    Latitude
    34.5618456

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    FAQs

    What type of property is this?
    Land - 3.5-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Lawton Downtown Ctr Lawton, OK.
    (580) 353-6100
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    Lawton Downtown Ctr Lawton, OK 73501
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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
    Lawton Downtown Ctr Lawton, OK 73501
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