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Property profile & analytics
FOR SALE
Drive through restaurants
1211 SW Lee Blvd Lawton, OK 73501
Entity Owned
Free & Clear
Property ID
US69-0567121
For Sale
1 / 2
Contact for pricing
1211 SW Lee Blvd, Lawton, OK 73501
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Property summary
AI-generated overview
This exceptional Lawton, Oklahoma restaurant presents a unique owner-user opportunity. The 5,208-square-foot building, situated on a 1.13-acre lot at 1211 SW Lee Blvd, boasts a prime location on a highly visible, lighted corner in the 73501 zip code. Built in 1991 and extensively renovated in 2023, this property benefits from a C-5 zoning designation, allowing for a variety of uses. The existing drive-thru lane, ample parking, and excellent signage contribute to its high visibility and accessibility. This former quick-service restaurant, with a "fresh market" component, enjoys an average daily traffic count exceeding 20,000 vehicles. The property's size and location make it ideal for a variety of food service concepts. The asking price is $999,999. This is a turnkey operation ready for immediate occupancy. The property is located in Comanche County, Oklahoma.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1991
Total area
4,949 SF
Lot
1.21 ac (52,708 SF)
APN
46052
UPID
US69-0567121
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
RETAIL BUILDINGS INC
RETAIL BUILDINGS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,671
Tax year 2023
Assessed value
$89,426
Assessed 2023
Previous assessed
$85,168
+5.0% YoY
Effective rate
10.81%
On assessed value
Assessed land
$24,590
Assessed improvement
$64,836
Land market value
$312,375
Improvement market value
$882,638
Total market value
$1,195,013
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
1991
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,949 SF
Lot
1.21 ac (52,708 SF)
APN
46052
UPID
US69-0567121
Jurisdiction
COMANCHE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Heating
YES
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
RETAIL BUILDINGS INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 702377, TULSA, OK 74170-2377
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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