56Th St Lawton, OK 73505
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 56Th St
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 20-acre property in Lawton, Oklahoma, presents a unique investment opportunity. Strategically located at the intersection of NW Quanah Parker Trailway and 56th Street, this land boasts approximately 6 acres zoned C-1, offering significant commercial development potential. The remaining 14 acres are zoned R-1, providing flexibility for residential development or complementary uses. The property's prime location offers excellent visibility and accessibility, situated near a thriving retail corridor. Nearby businesses include major retailers such as Walmart, Target, Academy Sports, TJ Maxx, Kirkland's, and Tractor Supply, ensuring high traffic volume and strong consumer presence. This advantageous positioning makes it ideal for a variety of commercial ventures, from retail establishments and restaurants to light industrial uses. The R-1 zoning on the rear portion allows for residential development, potentially creating a mixed-use development opportunity. The asking price is $1,080,000. This property offers significant upside potential for investors seeking a strategic land acquisition in a rapidly growing area. The 73505 zip code provides easy access to major transportation routes, further enhancing its appeal. This is a rare opportunity to acquire a substantial parcel of land in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.4791
- Latitude
- 34.6309
