1401 Cache Rd Lawton, OK 73507-3840
Property summary
This exceptional commercial property, located at 1401 NW Cache Rd., Lawton, OK 73507, presents a unique investment opportunity. The property encompasses a 10,112 square foot building, constructed in 1944, currently operating as a 25-room hotel. The hotel features a fully equipped commercial kitchen with a hood vent and suppression system, and a dining area suitable for dine-in or takeout service. The property is zoned C-5, offering significant redevelopment potential. The 1.26-acre lot provides ample space for expansion. An additional six lots, located northwest of the hotel, are also available for purchase separately for $225,000, providing further expansion opportunities. The property is situated on the corner of NW 14th and NW Cache Rd., conveniently located just west of I-44, and enjoys proximity to several established businesses including Galleria Furniture, Relax Inn Lawton, Rise & Shine Omelet Grill, and Sanders Hardware. The asking price for the hotel and land is $550,000, with a price per square foot of $39.06. This turnkey operation presents a compelling opportunity for investors seeking a high-return property with significant upside potential. The property's prime location and flexible zoning make it ideal for a variety of commercial uses.
Property profile
VerifiedCap rate & NOI
Current use
-
Hotel & Motel
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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