Back to Search
Property profile & analytics
FOR LEASE
Investment properties
1930 NW Ferris Ave Lawton, OK 73507
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0090734
For Lease
1 / 3
$650/Mo
1930 NW Ferris Ave, Lawton, OK 73507
View Listing →
Property summary
AI-generated overview
This 665-square-foot office suite, located at 1930 NW Ferris Ave, Ste. 5, Lawton, OK 73507, is part of a larger 15,963-square-foot, single-tenant building situated on a 1.11-acre lot. The property, built in 1962 and renovated in 2020, is classified as Class C and features a convenient single-story design. The suite itself boasts a welcoming waiting area, a dedicated reception area, a practical break room complete with a kitchenette, a restroom, and three private offices
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1962
Total area
15,963 SF
Lot
0.93 ac (40,600 SF)
APN
24211
UPID
US69-0090734
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
-
PLATINUM PINUPS SALON Hair Salon
-
Big's Party Bus of Lawton Limousine Service Bus Charter
-
Horn Sanitation Sanitation Service
-
Magic Cuts Barber Shop
-
Doctors of Cannabis - Get Your Medical Marijuana Card ONLINE Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.42M
Owner & transaction history
Jeffrey D Sadler · 9 yrs held
Jeffrey D Sadler
since 2017
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lawton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,705,000
6.5%
$1,575,000
7%
$1,460,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,215,000
Current use
OFFICE BUILDING
$1,835,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,906
Tax year 2023
Assessed value
$54,614
Assessed 2023
Previous assessed
$55,833
-2.2% YoY
Effective rate
10.81%
On assessed value
Assessed land
$18,270
Assessed improvement
$36,344
Land market value
$162,400
Improvement market value
$323,062
Total market value
$485,462
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1962
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
15,963 SF
Lot
0.93 ac (40,600 SF)
APN
24211
UPID
US69-0090734
Jurisdiction
COMANCHE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Jeffrey D Sadler
Individual
Mailing address
3524 NW ARLINGTON AVE, LAWTON, OK 73505-6125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2017
—
Jeffrey D Sadler
—
Deed
related
$685,000 · Arvest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
