1127 NW Cache Rd Lawton, OK 73507
For Sale
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This exceptional Lawton, Oklahoma retail property, located at 1127 NW Cache Rd, presents a rare investment opportunity. Boasting 30,000 square feet on approximately 1.92 acres, this storefront sits on a hard corner with 360 feet of frontage along NW Cache Rd and Ft. Sill Blvd, two of Lawton's busiest thoroughfares. The property benefits from high visibility, being the first commercial building visible upon exiting I-44. The substantial annual average daily traffic count of 15,900 vehicles underscores its prime location. Built in 1950 and extensively renovated in 2022, including a new roof in 2023, the property features new flooring and LED lighting throughout. The main retail space offers seven entrances, allowing for flexible subdivision into smaller retail units, creating a potential shopping center. Two warehouses, one with two and the other with three overhead garage doors, provide additional space. Ample parking and multiple entrances enhance convenience. The property is zoned C-5, and the asking price is $1,300,000 ($43.33/sq ft). Nearby businesses include U-Haul, Central Junior High, Cache Road Plaza, and Hello Gorgeous Hair Studio. An adjacent 0.63-acre parcel is also available for purchase separately for $300,000. The current owner-user business will discontinue upon closing. This property offers excellent signage opportunities facing both NW Cache Rd and Ft. Sill Blvd.
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Wichita Furniture Furniture & Home Goods Home Decor Store
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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