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    FOR LEASE
    Strip malls

    1320 NW Homestead Dr, Lawton, OK 73505

    19,160 SF Built 1996
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US69-2375744
    Property summary
    AI-generated overview

    This exceptional retail property at 1320 NW Homestead in Lawton, Oklahoma, 73507 offers a unique leasing opportunity. The 19,160 square foot building, constructed in 1996 and zoned C-5, features multiple tenancies ideal for a variety of businesses. Currently, there are 5,800 square feet of vacant space available, divisible into units ranging from a minimum of 2,300 square feet to a maximum contiguous space of 3,500 square feet. The property's versatile design accommodates both retail and office uses, including medical offices. Amenities include ADA-compliant bathrooms and breakrooms within each suite. A restaurant space boasts banquet rooms, perfect for group events. Ample parking is available for tenants and customers. This prime location benefits from proximity to established businesses such as Chic Nail and Spa, Mcalister's Deli, and Golden Corral, ensuring high visibility and foot traffic. This is an excellent opportunity to establish or expand your business in a thriving Lawton commercial corridor. Contact us today to learn more about leasing options and explore the potential of this versatile property.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1996
    Total area 19,160 SF
    APN 44087
    UPID US69-2375744
    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
    • Dr. Johnny S. Ross, MD Physician Medical Clinic
    • Serena Hodges, LADC Counselor
    • David Howenstine Counselor
    • Simply Snatched Alternative Medicine Practice Spa & Massage Center
    • Ninoosh Hergenroeder Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.20M
    Owner & transaction history
    Sadler Homestead LLC · 4 yrs held
    Sadler Homestead LLC
    since 2021
    Last sale
    $1.2M
    1 recorded transaction
    2021
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.7M +88.6%
    Warehouse, storage $1.4M +58.9%
    Medical building $1.4M +56.2%
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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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