570 Elk Dr Lawton, OK 73507
This exceptional 0.62-acre parcel in the charming town of Medicine Park, Oklahoma, presents a unique opportunity for developers and investors. Located at 570 E Lake Dr, this property boasts 73.7 feet of frontage on East Lake Drive, the main thoroughfare into Medicine Park, ensuring high visibility and accessibility. The zoning allows for both commercial and residential development, offering flexibility for a variety of projects. Imagine building a thriving business with convenient residential living above, or creating a unique residential retreat in a highly desirable location. The property's size and location make it ideal for a range of uses, from a small-scale commercial venture to a custom home. The asking price is $72,500. This is a rare chance to acquire land in this picturesque and historic Oklahoma town, known for its unique character and natural beauty. The property's address is 570 E Lake Dr, Medicine Park, OK 73507. Its coordinates are latitude 34.7253412 and longitude -98.4810361. Don't miss this chance to secure a piece of Medicine Park's future. Act quickly, as opportunities like this are seldom available.
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.