1511 Cache Rd, Lawton, OK 73507-3842
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.