1108 SW Park Ave, Lawton, OK 73501
For Sale
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This exceptional commercial restaurant opportunity is located at 1108 SW Park Ave, Lawton, OK 73501, on a prominent corner lot. The property features two buildings totaling 1,632 square feet on a 0.3-acre lot, zoned C-5. The main building, approximately 1,686 square feet, is currently operating as a restaurant and includes a commercial kitchen, dining room with a large, ADA-accessible deck, two ADA-compliant restrooms, and a drive-through window. Most kitchen equipment remains with the sale. A significant feature is the 10-foot vent hood included in the sale. There is also a separate 722-square-foot storage building with separate utilities and plumbing for a bathroom. Ample paved parking is available. The property boasts a new roof and HVAC system installed in 2021. The current tenant is on a month-to-month lease, paying $1500 per month. This owner/user investment opportunity offers significant potential for a new owner. The property is being sold "as is." Parking is provided at a rate of 10 spaces per 1,000 square feet. The property was built in 2000 and is classified as Class B. This single-tenancy retail property presents a unique chance to acquire a well-established restaurant location in a high-demand area. The property's APN is 0022064.
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Tropic Lightning Restaurant
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.