Current Use by Public Records
- Land
Property Details for 1501-1507 Lawton Ave
- Lot size
- 0.70 lot acres
- Property type
- Land
Description
This exceptional 0.7-acre commercial land parcel, located at 1501-1507 NW Lawton Ave, Lawton, OK 73507 (APN 160032457), presents a unique investment opportunity. Currently zoned R-3, this property offers significant redevelopment potential or immediate rental income. The land includes a rental house with a long-term tenant, providing a stable cash flow stream. The asking price is $87,680, translating to a land value of $2.89 per square foot. This prime location boasts proximity to established businesses, including the Junction Restaurant, Hibdon Tires Plus, Sanders Hardware, and Phillips 66, ensuring high visibility and convenient access. The property's versatility makes it ideal for various commercial ventures, offering a compelling blend of immediate return and long-term growth potential. This is a rare opportunity to acquire a well-situated commercial property in a thriving area of Lawton, Oklahoma. Serious inquiries only.
Value Estimations
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AI approach
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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
- -98.412
- Latitude
- 34.6244
