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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

502-506 Lee Blvd & 503 Lawton, OK 73501

4,378 SF 1.82 ac lot Built 1951
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Lawton, Oklahoma, presents a unique investment opportunity. Located at the hard corner of Lee Blvd and SW 5th Street, this offering encompasses three buildings totaling approximately 9,854 square feet (5,476 sq ft and 4,378 sq ft) situated on a substantial 1.82-acre lot. The property includes addresses 502-506 SW Lee Blvd and 503 SW Washington Ave, offering significant frontage on Lee Blvd (232.4 ft x 140 ft) and additional land behind the buildings. Currently configured as an auto shop and storefront, the property's C-5 and R-3 zoning allows for diverse redevelopment possibilities. Built in 1951, the buildings offer potential for renovation and rental income generation, or alternatively, demolition to capitalize on the prime commercial location on this busy thoroughfare. The expansive lot provides ample space for expansion or additional parking, enhancing the property's overall value and appeal. This high-visibility location in Lawton, Oklahoma, presents a compelling investment opportunity with significant upside potential. The property's size, location, and zoning flexibility make it an attractive prospect for a wide range of commercial ventures. The asking price is $295,500.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1951
Total area 4,378 SF
Lot 1.82 ac (79,279 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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