Financial
Distress signals
Property profile

2615 NW Sheridan Rd Lawton, OK 73505

FOR SALE
Strip malls
Property ID
US69-0454331
3,688 SF Built 1952
Last sale Mar 2022 · $222,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$25k
Assessed land$14k
Assessed improvement$11k
Effective rate10.82%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$4k
Operating expenses−$10k
NOI · 17.15% cap applied$24k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
17.15%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOMANCHE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.2
HVAC Service11.3
Building Supply11.2

Location

2615 NW Sheridan Rd Lawton, OK 73505
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2711 Lee, Lawton, OK 73505-8314 $72,000 Jun 2023 11,900 SF
2515 38th, Lawton, OK 73505-1851 $240,000 Nov 2021 6,000 SF
1303 30th, Lawton, OK 73505-7965 $537,000 Oct 2021 8,600 SF
6742 Cache, Lawton, OK 73505-2702 $775,000 Jan 2021 6,000 SF
4645 Gore, Lawton, OK 73505-6041 $1,500,000 Nov 2020 11,629 SF
1344 Homestead, Lawton, OK 73505-5223 $1,975,000 Oct 2020 11,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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