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    OFF-MARKET Estimated value $960,000
    Retail space

    1511 Cache Rd, Lawton, OK 73507-3842

    19,724 SF 0.19 ac lot Built 1948
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US69-0515307
    Property summary
    AI-generated overview

    This exceptional 194,000-square-foot storefront, located at 1511 NW Cache Rd in Lawton, Oklahoma, presents a significant retail investment opportunity. Boasting a prime location in Comanche County (APN 0032558), this single-story building, constructed in 1948 and renovated in 1981, sits on a 0.68-acre lot and is zoned C-5, allowing for a wide range of retail uses. The property features a new roof installed in 2022, and the availability of pylon signage ensures high visibility. The asking price is $549,000, translating to a price per square foot of $2.83. The building's spacious layout is ideal for a variety of retail concepts, particularly those seeking high traffic volume. Potential tenants could benefit from the existing infrastructure, while modifications can be made to accommodate additional parking if needed. The property is available for occupancy starting April 1, 2023. This is a rare opportunity to acquire a substantial retail space in a thriving Lawton location. The property's size, location, and recent improvements make it an attractive investment for discerning buyers seeking a strong return. Don't miss this chance to secure a prominent retail presence in a high-demand area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1948
    Total area 19,724 SF
    Lot 0.19 ac (8,432 SF)
    APN 32555
    UPID US69-0515307
    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
    $1.22M
    Blend (final) Blend
    $960k
    Owner & transaction history
    Norma Lannen
    Norma Lannen
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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