42nd Lawton Ok Lawton, OK 73505
This exceptional 31-acre parcel, zoned R-4, presents a remarkable investment opportunity in Lawton, Oklahoma. Located in Comanche County, near the intersection of Southwest K and 42nd, this unplatted land offers significant potential for a variety of development projects. Its strategic location, approximately three blocks west of Southwest 38th Street and bordering Cameron University, makes it particularly attractive for multifamily housing targeting students or a mixed-use development catering to the university community and surrounding residents. The property's proximity to numerous shopping centers ensures convenient access to amenities for future residents and businesses. High residential traffic in the area further enhances the property's appeal and potential for strong returns. The asking price is $186,000. This substantial acreage provides ample space for a large-scale development, potentially including apartments, shops, and restaurants, creating a thriving community. The high growth potential and strategic location make this a truly exceptional investment opportunity. The property's zoning designation, R-4, allows for a range of residential and potentially mixed-use developments, subject to local regulations and approvals.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.