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Property profile & analytics
OFF-MARKET
Bars & Pubs

1116 Cache Rd Lawton, OK 73507-4034

2,516 SF 0.24 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US69-0687266
Property summary
AI-generated overview

This unique 2,516 square foot creative office space, located at 1116 NW Cache Rd in Lawton, Oklahoma, presents a compelling investment opportunity. Situated on a sizable 10,500 square foot lot, the property boasts a prime location on busy Cache Road, offering excellent visibility and accessibility. The single-story building, constructed in 1940, currently sits vacant and presents a blank canvas for redevelopment. Previously used as a bar, zoning restrictions now prohibit that use due to proximity to a school. However, the C-5 zoning allows for a variety of commercial uses, making it ideal for adaptive reuse or new construction. The asking price is $157,500, translating to $62.60 per square foot. The property is available for owner-user occupancy with an anticipated occupancy date of August 26, 2024. This presents a chance to acquire a well-positioned property in a thriving Lawton commercial corridor, offering significant potential for return on investment. The property consists of one building and one unit. Serious inquiries are encouraged to explore the possibilities this unique property offers. The lot size is 10,500 square feet, providing ample space for expansion or future development. The property is located in Comanche County, Oklahoma, zip code 73507.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1940
Total area 2,516 SF
Lot 0.24 ac (10,500 SF)
APN 24637
UPID US69-0687266
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Star Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MATHILDE A BURCH
MATHILDE A BURCH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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