2701-2705 Sheridan Rd Lawton, OK 73505
- Retail properties
- 13,960 SF
- 2.60 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2701-2705 Sheridan Rd
- Lot size
- 2.60 lot acres
- Property size
- 13,960 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Lawton, Oklahoma retail investment presents a rare opportunity to acquire two fully leased buildings totaling 13,960 square feet on a 2.6-acre lot. Located at 2701-2705 NW Sheridan Rd, just south of Ft. Sill Gate 4, this property benefits from high traffic volume and a prime location. The main building, approximately 7,000 square feet with an additional 2,000 square feet of covered canopy, is currently leased as a bar and offers significant potential for conversion to a restaurant/bar with outdoor seating. A second building, housing a long-established barber shop specializing in military cuts and a T-shirt business, completes the current tenant mix. The property boasts 100% occupancy and a strong rental income stream. Adding to its appeal is approximately 45,750 square feet of undeveloped land zoned R-4, ideal for high-density apartment development. The property is zoned C-5, offering flexibility for future uses. The asking price is $950,000, representing a price per square foot of $68.05. This is a compelling investment opportunity in a thriving market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.4219
- Latitude
- 34.6354
