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    Property profile & analytics

    2101 Sheridan Rd Lawton, OK 73505

    • Day care centers
    • 4,130 SF
    • 0.20 lot acres
    For Sale
    View listing
    $299,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2315553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kreepers & Crawlers 2 / Day Care Center

    Property Details for 2101 Sheridan Rd

    Year built
    1951
    Lot size
    0.20 lot acres
    Property size
    4,130 SF
    Property type
    Day care centers
    APN
    32053
    APU
    32053

    Description

    This exceptional investment opportunity presents a 4,130 square foot child care facility situated on a 0.2-acre lot at 2101 NW Sheridan Rd in Lawton, Oklahoma, zip code 73505. The property, built in 1951, is a single-story building currently operating at 100% occupancy. The asking price is $299,000, translating to $72.40 per square foot. The property boasts a C-5 zoning designation and benefits from its location on a high-traffic section of NW Sheridan Road, one of Lawton's busiest thoroughfares, just minutes from Fort Sill's Bentley Gate. The current lease with the operating tenant expires in October 2025. Detailed financial information is available to qualified buyers upon execution of a Non-Disclosure Agreement. The property features a new roof and enjoys a 6.63% cap rate. Nearby businesses include Dollar General, Family Dollar, Church's Chicken, Sonic Drive-In, and CVS Pharmacy, indicating a strong commercial presence in the immediate vicinity. This property is ideal for investors seeking a stable, high-return investment in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4219
    Latitude
    34.63
    CBSA code
    30020
    CBSA name
    LAWTON, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,792
    $6,059
    $10,508
    $16,567
    -
    $53,857
    $93,401
    $147,258

    Comparable in this City

    • Value Estimation
      $850,000
      17,350 SF

      6403 Gore Blvd

      DAY CARE, PRE-SCHOOL • 17,350 SF
      6403 Gore Blvd, Lawton, OK 73505-5801
      View Details
    • Value Estimation by Request
      1,400 SF

      501 Cole Rd

      DAY CARE, PRE-SCHOOL • 1,400 SF
      501 Cole Rd, Lawton, OK 73505
      View Details
    • Value Estimation
      $755,000
      11,792 SF

      1305 73rd St

      DAY CARE, PRE-SCHOOL • 11,792 SF
      1305 73rd St, Lawton, OK 73505-4213
      View Details
    • Value Estimation by Request
      5,056 SF

      1804 52nd St

      DAY CARE, PRE-SCHOOL • 5,056 SF
      1804 52nd St, Lawton, OK 73505-3122
      View Details
    • Value Estimation
      $625,000
      24,756 SF

      5402 Kinyon Ave

      DAY CARE, PRE-SCHOOL • 24,756 SF
      5402 Kinyon Ave, Lawton, OK 73505-4653
      View Details
    • Value Estimation by Request
      4,000 SF

      4460 Lee Blvd

      DAY CARE, PRE-SCHOOL • 4,000 SF
      4460 Lee Blvd, Lawton, OK 73505-8302
      View Details

    Similar Nearby for Sale

    • $299,000
      4,130 SF

      Operating Day Care Facility

      Operating child care facility for sale on high-traffic Sheridan Rd.
      2101 NW Sheridan Rd, Lawton, OK 73505
      View Details
    • $299,000
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      Lawton Child Care Center - $299K

      Profitable daycare, Lawton, OK. High traffic location.
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    • $399,000
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      Lawton Retail Property - $399K

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    • $1,100,000
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      Lawton Development Site: Prime Location

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    Similar Nearby for Lease

    • $7,000 /Mo
      9,328 SF

      Renovated Childcare Facility in Lawton, OK

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    • $10 SF/Yr
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    • Contact for pricing
      10,404 SF

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      1,410 SF Available, Great Location
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    • $28 SF/Yr
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      Lawton Retail Space for Lease

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    • $10 SF/Yr
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      View Details
    • Contact for pricing
      8,400 SF

      Lawton Retail Center - Lease Opportunity

      High-visibility retail space; ample parking.
      11 67Th St, Lawton, OK 73505
      View Details
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    2101 Sheridan Rd
    Lawton, OK 73505
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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