Individually Owned 
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Property summary
This exceptional restaurant property at 206 NW Dearborn Avenue in Lawton, Oklahoma, presents a unique investment opportunity. The 8,280 square foot building, situated on a 1.41-acre lot, is zoned C-5, offering significant flexibility for various commercial uses. Previously operating as McKenzie's Burger Garage, the property boasts a prime location near the 2nd Street Redevelopment and Elmer Thomas Park, ensuring high visibility and accessibility. The building itself features insulated block… walls, two ADA-compliant restrooms, and a fully sprinklered system, enhancing safety and functionality. A substantial 1,000 square foot storage shed provides ample space for inventory or equipment. The property includes three-phase power, a significant advantage for many commercial operations. While the existing restaurant equipment and décor are not included in the asking price of $950,000, the building's solid structure and desirable location make it an ideal canvas for a new culinary venture or other commercial enterprise. The property's size and zoning offer considerable potential for expansion or adaptation to suit a variety of business needs. This is a rare opportunity to acquire a substantial commercial property in a rapidly developing area of Lawton, Oklahoma. The property's address is 206 NW Dearborn Ave, Lawton, OK 73507. Renovated in 2014.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,800 SF
- Lot area
- 0.17 ac
- Year built
- 1962
- Stories
- 1
- APN
- 14669
- Assessed value · 2023
- $42,780
- Annual tax · 2023
- $4,626
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $4,626
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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