2615 Sheridan Rd Lawton, OK 73505
- Strip malls
- 3,688 SF
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
-
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