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1216 Cache Rd Lawton, OK 73507-4036

Commercial land Google Maps
1,504 SF 0.48 ac lot
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US69-0768406

Property summary

AI-generated overview

This exceptional 0.48-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at 1216 NW Cache Rd., this C-5 zoned property boasts a highly desirable location with significant daily traffic volume. The land is comprised of three vacant lots, providing ample space for a variety of commercial developments. Its strategic positioning offers excellent visibility and accessibility, placing it in close proximity to several established businesses, including Hibdon's Tires, Walmart, Wendy's, CVS Pharmacy, and Express Employment Professionals. The asking price is $150,000, translating to a land value of $7.14 per square foot. This property's prime location and zoning make it ideal for entrepreneurs and investors seeking a high-traffic, high-visibility site for their next commercial venture. The address is 1216 NW Cache Rd., Lawton, OK 73507, situated in Comanche County. This is a rare opportunity to acquire a well-positioned commercial development site in a thriving area of Lawton. Don't miss out on this chance to capitalize on the potential of this exceptional property.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 1,504 SF
Lot 0.48 ac (21,000 SF)
APN 24625
UPID US69-0768406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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