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Property profile & analytics

2615 Sheridan Rd Lawton, OK 73505

  • Strip malls
  • 3,688 SF
Value Estimation
Last Sale
Mar 07, 2022
$222,500
Location Intelligence
Property ID
US69-0454331
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Carl's Military Surplus / Surplus Store / Army

Property Details for 2615 Sheridan Rd

Year built
1952
Property size
3,688 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
17968
APU
17968

Description

This 1,800 square foot storefront located at 2615 NW Sheridan Rd, Lawton, OK 73505, is available for purchase at a reduced price of $140,000 ($77.78/sq ft). Currently operating as Carl's Military Surplus, a well-established business serving the Lawton community for nearly three decades, this retail space offers a strong foundation for continued success. The lease is a modified type, expiring October 29, 2025, with approximately 0.9 years remaining. The business specializes in providing affordable, high-quality military clothing and gear, including items for all branches of the U.S. Armed Forces. Inventory includes boots, PT shoes, army combat uniforms, multi-cam uniforms, and other standard military gear, as well as custom-made dog tags. This presents a unique opportunity for an investor or business owner seeking an established retail location in a thriving community. The property is situated in Comanche County, Oklahoma, offering excellent visibility and accessibility. This turnkey operation provides immediate income potential and a strong existing customer base. The asking price reflects a compelling investment opportunity in a well-established retail space with significant potential for growth. Serious inquiries are encouraged.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $225,000
  • CAP approach

    CAP return
    Estimation
    6%
    $275,000
    6.5%
    $275,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $285,000
    Geo Method
    $285,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $240,000
    Retail
    $320,000
    Mixed-Use
    $285,000
    Hospitality
    $290,000
    Educational
    $250,000
    Residential Income
    $245,000
    Energy
    $260,000
    Income-Based Land
    $240,000
    Food Service
    $255,000

Location Insight

  • Map
  • Local Demand
City
Lawton
County
Comanche
State
Oklahoma
Longitude
-98.4218
Latitude
34.635
CBSA code
30020
CBSA name
LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,658
$13,950
$10,625
$24,575
-
$124,000
$94,440
$218,440
More about this property
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