201 Sheridan Rd, Lawton, OK 73505-1518
This exceptional 1.17-acre commercial lot, located at 201 SW Sheridan Rd in Lawton, Oklahoma, presents a compelling investment opportunity. Priced at $229,000, this property boasts a prime location on the hard corner of high-traffic SW Sheridan Rd and SW A Ave, just south of the busy intersection with W Gore Blvd. The 5,022 square foot lot is zoned C-5, offering flexibility for a variety of commercial uses. Previously utilized as a car sales lot, the property is well-suited for continued use as an auto repair shop or auto sales business. Alternatively, its size and location make it an ideal candidate for redevelopment. The single-story, 1950-built structure on the property adds to its potential. The property's strategic position benefits from proximity to established businesses including Murphy Express, Car-Mart of Lawton, Burger King, McDonald's, and Taco Bell, ensuring high visibility and convenient access for customers. This is a rare opportunity to acquire a well-situated commercial property in a thriving Lawton location. The APN is 0024990. The property consists of one building with one unit.
-
Justice Auto Sales Car Dealership
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.