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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1111 Park Ave Lawton, OK 73501-5014

    • Automotive properties
    • 5,145 SF
    • 0.46 lot acres
    OFF-MARKET
    Last Sale
    Sep 23, 2022
    $150,000
    Value Estimations
    $150,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0011097
    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

    • Automotive properties

    Property Details for 1111 Park Ave

    Year built
    1962
    Lot size
    0.46 lot acres
    Property size
    5,145 SF
    Property type
    Automotive properties
    APN
    22003
    APU
    22003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $150,000
      ML approach
      $160,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4058
    Latitude
    34.5966
    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
    $2,200
    $3,662
    $16,679
    $20,341
    -
    $32,550
    $148,261
    $180,811

    Comparable in this City

    • Value Estimation
      $395,000
      8,800 SF

      1506 F Ave

      VEHICLE SALES, RENTALS • 8,800 SF
      1506 F Ave, Lawton, OK 73501
      View Details
    • Value Estimation
      $270,000
      4,880 SF

      212 Lee Blvd

      VEHICLE SALES, RENTALS • 4,880 SF
      212 Lee Blvd, Lawton, OK 73501-5705
      View Details
    • Value Estimation
      $1,395,000
      6,600 SF

      Windy Rd

      VEHICLE SALES, RENTALS • 6,600 SF
      Windy Rd, Lawton, OK 73501
      View Details
    • Value Estimation
      $270,000
      5,476 SF

      502 Lee Blvd

      VEHICLE SALES, RENTALS • 5,476 SF
      502 Lee Blvd, Lawton, OK 73501-5711
      View Details
    • Value Estimation
      $330,000
      2,220 SF

      Lawton, OK 73501

      VEHICLE SALES, RENTALS • 2,220 SF
      Lawton, OK 73501
      View Details
    • Value Estimation
      $450,000
      14,897 SF

      201 Gore Blvd

      VEHICLE SALES, RENTALS • 14,897 SF
      201 Gore Blvd, Lawton, OK 73501-3706
      View Details

    Similar Nearby for Sale

    • $167,000

      Downtown Lawton Retail Opportunity

      High-traffic location, versatile space.
      803 2Nd St, Lawton, OK 73501
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    • $185,000
      2,705 SF

      Automotive/Warehouse Building on 'F' Ave

      Occupied automotive/warehouse building for sale with development potential.
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    • $222,000
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      Lawton Retail & Auto Shop Opportunity

      Prime Lawton location, 1460 sq ft, $222,000
      320 11Th St, Lawton, OK 73501
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    • $185,000
      5,559 SF

      Lawton Industrial Property: Prime Location

      Auto shop/warehouse, 5,559 sq ft, $185,000
      1202 F Ave, Lawton, OK 73501
      View Details
    • $250,000
      6,240 SF

      Lawton Auto Shop - $250K

      Prime Lawton location, 6,240 sq ft auto shop. Vacant.
      1302 2Nd St, Lawton, OK 73501
      View Details
    • $2,700,000
      3,496 SF

      Profitable Car Wash & Laundromat

      Established car wash and laundromat business for sale in Lawton.
      904/914 SW Lee Blvd, Lawton, OK 73501
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      3,743 SF

      Downtown Lawton Office Space Available

      Two-story office space for lease in Lawton's Central Business District.
      519 SW C Ave, Lawton, OK 73501
      View Details
    • Contact for pricing
      213,602 SF

      Lawton Town Center: Prime Retail Space

      Massive Retail Space, Lawton, OK - Redevelopment Opportunity
      2nd Gore Blvd, Lawton, OK 73501
      View Details
    • $20,400
      25,000 SF

      Lawton Retail Space For Lease

      High-traffic location, ample parking. Ideal for multiple tenants.
      1313 Lee Blvd, Lawton, OK 73501
      View Details
    • $700,000
      5,066 SF

      Retail Property Near High-Traffic Intersection

      Retail property for sale or lease with high street visibility.
      2126 W Gore Blvd, Lawton, OK 73501
      View Details
    • $3,900 /Mo
      4,000 SF

      Remodeled Childcare Facility For Lease

      4,000 SF childcare facility available for lease.
      4460 SW Lee Blvd, Lawton, OK 73501
      View Details
    • $1,125 /Mo
      1,500 SF

      Retail Space on SW Lee

      1,500 SF retail space for lease on SW Lee.
      1311 SW Lee Blvd, Lawton, OK 73501
      View Details
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    1111 Park Ave
    Lawton, OK 73501-5014
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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