1116 Cache Rd Lawton, OK 73507-4034
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.
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Little Star Bar & Pub
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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