110 Lee Blvd Lawton, OK 73501-5703
This exceptional retail investment opportunity encompasses a 2.52-acre hard corner lot situated at the signalized intersection of SW Lee Blvd and 2nd St in Lawton, Oklahoma. The property boasts 380 feet of frontage on SW Lee Blvd, a major thoroughfare with a high volume of daily traffic (16,089 vehicles per day), and is conveniently located just half a mile from Interstate 44, ensuring excellent visibility and accessibility. The 6,090-square-foot property includes three buildings currently operating at 100% occupancy. The versatile zoning (I-3) allows for a variety of uses, including convenience store, gas station, quick-service restaurant (QSR), and retail operations. Built in 1963, this single-story property offers ample parking and easy access for customers. The asking price is $1,299,999. This prime location benefits from proximity to numerous established businesses, including Kasey's Tire & Auto, Tu Familia Mexican Restaurant, Gerber Collision & Glass, Sutherland's, KO Storage, AquaMarine, Central Mall, Fista Innovation Park, Diamondback Harley Davidson, and the Comanche Nation Casino. The property's strategic location and high traffic count make it an ideal investment for a variety of commercial ventures. The parcel number is 160037853, 160037854.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.