Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Corner Land Development Opportunity Title is generated by Realmo AI

    SW Lee Boulevard, Cache, OK 73162

    View on Map
    Claim this Listing
    For Sale
    $360,000

    LAND - Cache, OK

    Lot size:
    2.00 Acres
    Added:
    Dec 1, 2025
    Days on Market:
    163
    Last Refresh:
    May 13 at 11:06 pm

    Property Features for SW Lee Boulevard

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    0000SWLee73162
    Lot size
    2.00 Acres

    We can help!

    Listing Contact
    Eli Fritts

    Listing agent Eli Fritts License #202965

    Listing office McGraw REALTORS (BO) 16301 N May Avenue, Edmond, OK

    Listing date Dec 1, 2025

    MLS# 1204332

    Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime 2‑acre corner lot at a HIGH‑VISIBILITY intersection (Highway 7/SW Lee Blvd & Paint Rd) in a rapidly growing area.
    • Site‑ready with Rural Water and Electric available; septic installation provided by the developer.
    • High‑demand location with limited competition for fuel and quick‑service restaurants (4‑7 miles to nearest options).
    • Backs up to Quail Springs residential development (40 homes) and surrounded by new and planned residential communities, creating a dense consumer base.
    • Steady traffic exposure (2023 ADT of 2,700) along the main route from Cache to the Goodyear Tire factory.
    • Optional in‑store QSR leasing or owner‑operated franchise opportunities available.

    Overview

    This 2-acre commercial land is located on a corner lot at Highway 7/SW Lee Blvd and Paint Rd in Cache, OK. The property is site-ready with Rural Water and Electric available. Septic installation is provided by the developer upon accepted offer. The property is relatively flat, requiring minimal grading, though it is currently not fully cleared. It is situated in a growing corridor and backs up to the Quail Springs residential development, which consists of 40 homes. Additional new and planned developments surround the site. Positioned along the main route from Cache to the Goodyear Tire factory, the property experiences steady traffic exposure, with a 2023 ADT of 2,700. The location presents a development opportunity due to the distance to the nearest fuel stations and quick-service restaurant options. Planned retail development in the area is expected to increase traffic and visibility. The property is positioned as a convenient location for daily fuel, grocery, and QSR needs, with walk-in and drive-by potential. High gasoline and diesel consumption from nearby farms, ranches, and commuters enhances long-term revenue potential. The site offers optional in-store QSR leasing or owner-operated franchise opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cache
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.549125
    Latitude
    34.596543

    Nearby Similar for Sale

    • $1,199,900

      Cache, OK Apartment Investment Property

      Eight-unit apartment complex near downtown Cache and local schools.
      207 C Ave, Cache, OK 73527
      View Details
    • $60,000

      Residential Land with Utilities

      3.3 acres ready to build with utilities in Cache, OK.
      307 W Rock Creek Dr, Cache, OK 73527
      View Details
    • $3,000,000

      Prime Commercial Land For Development

      8.7 acres MOL, ideal for gas station, retail, or office.
      SW Lee Boulevard, Cache, OK 73162
      View Details
    • $225,000

      Residential Lots Near Cache Park

      Residential land with development opportunity near Cache schools and park.
      703 SW 6th, Cache, OK 73527
      View Details
    • $3,000,000

      Commercial Land at Lee Boulevard

      Commercial land available at the corner of Lee Boulevard.
      0000 SW Lee Boulevard, Cache, OK 73162
      View Details
    • $1,000,000

      Undeveloped Land with Highway Frontage

      80 acres of undeveloped land outside city limits for sale.
      1409 Deyo Mission Rd, Cache, OK
      View Details
    • Contact for pricing

      Multiple Lots Available For Sale

      Six lots available with multiple curbs, crosscuts, and drive-throughs.
      100 S 8th St, Cache, OK
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Pradera Village, Cache, OK 73527
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2-acre commercial land with high visibility in a growing area.
    Where is this commercial land located?
    The property is located at SW Lee Boulevard Cache, OK.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: Prime 2‑acre corner lot at a HIGH‑VISIBILITY intersection (Highway 7/SW Lee Blvd & Paint Rd) in a rapidly growing area.; Site‑ready with Rural Water and Electric available; septic installation provided by the developer.; High‑demand location with limited competition for fuel and quick‑service restaurants (4‑7 miles to nearest options).
    (405) 684-4918
    We can help!
    Listing Contact
    Eli Fritts
    Real Estate License ID: 202965
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    SW Lee Boulevard, Cache, OK 73162
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!