502-506 Lee Blvd & 503 Lawton, OK 73501
- Retail properties
- 4,378 SF
- 1.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 502-506 Lee Blvd & 503
- Year built
- 1951
- Lot size
- 1.82 lot acres
- Property size
- 4,378 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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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
- -98.3955
- Latitude
- 34.5939
