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Property profile & analytics
OFF-MARKET
Warehouses

301 Simpson St Lawton, OK 73501

43,500 SF 0.41 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of two industrial properties totaling 43,500 square feet on a combined lot size ranging from 0.41 to 1.3 acres in Lawton, Oklahoma. The portfolio comprises three buildings, zoned I-3, and offers a blend of warehouse and office space. The main warehouse at 301 SE D Ave. boasts approximately 23,000 square feet of warehouse space and 3,000 square feet of office space, featuring a 14' to 16' ceiling height, a concrete floor (4-6 inches thick), and three overhead doors at dock height with a semi-accessible dock. This building also includes fire suppression, a fairly new HVAC system, new ventilation, and alarms. The second location, 408 SE Simpson St., consists of two additional buildings; Building A is approximately 7,500 square feet (50' x 150'), and Building B is approximately 10,000 square feet (100' x 100'). Building B has one 12' grade-level overhead door. Both buildings offer ample concrete parking. The entire portfolio is currently vacant and presents a unique owner-user or investment opportunity. The buildings were constructed between 1940 and 1951. The main warehouse is constructed of concrete block with three bricked sides and a flat roof. Four loading docks are available across the entire property. This prime location is situated in the industrial area of downtown Lawton, just east of Central Mall, offering excellent access and visibility. The asking price for this entire portfolio is $800,000.

Property profile
Verified
Property type Warehouses
Year built 1940
Total area 43,500 SF
Lot 0.41 ac (17,860 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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