101 D Ave Lawton, OK 73501
- Warehouses
- 29,600 SF
- 0.86 lot acres
Current Use by Public Records
- Morrison Supply Company- Lawton / Plumbing Supply Store
Property Details for 101 D Ave
- Year built
- 1940
- Lot size
- 0.86 lot acres
- Property size
- 29,600 SF
- Property type
- Warehouses
- APN
- 42733
- APU
- 42733
Description
This ±29,600 square foot warehouse, located at 101 SE D Ave, Lawton, OK 73501, presents a compelling investment opportunity. Built in 1940 and renovated in 2014, this industrial property boasts a 5.50% cap rate and is priced at $1,460,000 ($49.32/sq ft). Situated on a 0.82-acre lot zoned I-4, the property features a 26' eave height and 32' peak height. The warehouse includes a sprinkler system and overhead natural gas infrared heaters. Multiple loading docks offer varying grade and dock heights, with the largest overhead door measuring 14'x16' and the smallest 10'x10'. Reinforced concrete floors provide durability. The building also includes two offices, one bathroom, and a showroom, all of which offer expansion potential. A separate rear lot (approximately 19,894 sq ft, measuring 203' x 98') is included, and both front and rear yards are fenced. The property is currently under a triple net lease and enjoys a prime location in Lawton's industrial park, near downtown and I-44, with nearby businesses including Glen Oil, Pippin Brothers Home Services, Pepsi Bottling Company, and New York Life Insurance.
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
- -98.3858
- Latitude
- 34.6036
- CBSA code
- 30020
- CBSA name
- LAWTON, OK METROPOLITAN STATISTICAL AREA