0 5.68 Acres On Belmont Ave Lawton, OK 73501
This exceptional 5.68-acre commercial and industrial land parcel is ideally situated on Belmont Avenue in Lawton, Oklahoma, within the 73501 zip code. Priced at $299,000 ($1.21/sq ft), this property presents a compelling investment opportunity. Designated as I-1 zoning, it's ready for immediate development. The land boasts existing fire hydrants, significantly reducing infrastructure costs for future projects. Its advantageous location offers convenient access to major transportation arteries, including Interstates 281 and 44, ensuring excellent connectivity. Furthermore, this property is located in an Opportunity Zone, providing potential tax advantages for investors. Nearby established businesses include Rain's Furniture TV and Appliance, the Lawton Golf Course, and Lawton Airport, indicating a thriving local economy and strong potential for future growth. This prime location and readily available infrastructure make this a highly attractive proposition for developers and investors seeking a strategic foothold in Lawton's commercial landscape. The property is being offered for sale by owner.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.