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Property profile & analytics
FOR LEASE
Warehouses

1218 NW 31St St Lawton, OK 73505

1,500 SF Built 2017
Individually Owned 9-yr Hold Absentee Owner
Property ID
US69-0627382
Property summary
AI-generated overview

This exceptional 1,500-square-foot commercial property, located at 1218 NW 31st St in Lawton, Oklahoma, presents a unique investment opportunity. Built in 2017, this Class B building boasts a single-tenant occupancy and is entirely vacant, offering immediate possession. The property's versatile zoning (C-1) allows for a range of uses, making it ideal for medical offices, creative office spaces, or professional services. The building's 1,500 square feet provide ample space for a variety of business needs. Its modern construction ensures efficient and comfortable operation. Situated in Lawton, OK, zip code 73505, this property benefits from convenient access to local amenities and a thriving community. The single-tenant occupancy simplifies management and provides a straightforward investment structure. This is a prime opportunity to acquire a well-maintained, versatile commercial space in a desirable location. The property is categorized as Retail, Office, with subtypes including Medical Office, Creative Office, Professional, and Storefront. This presents a flexible space adaptable to a variety of business models. The building's single-story design offers easy accessibility and efficient use of space. Don't miss this chance to own a valuable asset in a growing market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2017
Construction STEEL FRAME
Total area 1,500 SF
APN 19255
UPID US69-0627382
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
  • Castros Contracting & Construction Construction Company General Contractor
  • Kingdom Keepers Cleaning (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daniel K Elkouri · 9 yrs held
Daniel K Elkouri
since 2016
4 recorded transactions
2020
Price N/A
2017
Price N/A
2016
$60,000
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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