1801-1811 Sheridan Rd Lawton, OK 73505
This Lawton, Oklahoma commercial property presents a unique investment opportunity encompassing diverse uses. The offering includes a 1,504 square foot retail building currently occupied by a tenant, situated at the high-traffic corner of NW Andrews Ave and NW Sheridan Rd. Adjacent to the retail building is a substantial 39,646 square foot commercial lot, ideal for various development projects. Additionally, a separate vacant lot at the corner of Sheridan and Taylor Roads is available for sale or lease. The property also features approximately 2,940 square feet of warehouse space within the existing building. Built in 1958, the single-story structure sits on a 0.91-acre lot and is zoned C-5, allowing for a wide range of commercial uses. Underground storage tanks have been removed from the site. This property offers significant potential for investors seeking a mixed-use portfolio in a prime Lawton location. The asking price is $300,000.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.