7144 Meers Porter Hl Rd Lawton, OK 73507
Exceptional investment opportunity: a 15,640-square-foot warehouse in Lawton, Oklahoma (73507), offering 74 fully leased storage units across four buildings. This turn-key property boasts a strong 6.20% cap rate and a substantial net operating income (NOI) of $108,560, with an asking price of $1,750,000 ($111.89/sq ft). The units are a mix of sizes: 20 units measure 12'x35', 22 units are 14'x35', and 12 units are 14'x50' with electric. Conveniently located near Lake Lawtonka in a high-demand area, this property benefits from accelerated annual rent increases built into the current leases for the next three years, ensuring consistent income growth. Further enhancing operational efficiency, the property includes a security camera system and a digital bill pay application for streamlined remote management. This low-maintenance, newly constructed facility presents a compelling investment prospect for those seeking strong returns in a thriving market. The property's strategic location balances accessibility and convenience, making it an attractive option for a wide range of storage needs.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.