Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2113 NW Oak Ave Lawton, OK 73507
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2113 NW Oak Ave Lawton, OK 73507

    View on Map
    • Office buildings
    • 7,800 SF
    For Lease
    $12 SF/Yr
    View Listing →
    Retail/Office Space For Lease For Lease
    $12 SF/Yr
    1,875 SF

    Retail/Office Space For Lease

    Retail or office space available in high-traffic area.

    2113 NW Oak Ave, Lawton, OK
    View Listing
    Property ID
    US69-0474917
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2113 NW Oak Ave

    Year built
    1991
    Property size
    7,800 SF
    Property type
    Office buildings
    APN
    44769
    APU
    44769

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,690,000
      7%
      $1,570,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,374,000
      Market price range: $467k - $1.37M
      AI Estimate
      $1,477,000
      Market price range: $574k - $1.48M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,205,000
      RESTAURANT
      $1,995,000
      COMMERCIAL (GENERAL)
      $1,080,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4218
    Latitude
    34.6222
    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
    $11,346
    $37,594
    $67,321
    $104,915
    -
    $434,980
    $740,167
    $1,175,147

    Comparable in this City

    • Value Estimation by Request
      884 SF

      1302 Ferris Ave

      OFFICE BUILDING • 884 SF
      1302 Ferris Ave, Lawton, OK 73507-6566
      View Details
    • Value Estimation by Request
      1,188 SF

      8150 State Hwy 17

      OFFICE BUILDING • 1,188 SF
      8150 State Hwy 17, Lawton, OK 73507
      View Details
    • Value Estimation by Request
      2,016 SF

      25606 State Hwy 58

      OFFICE BUILDING • 2,016 SF
      25606 State Hwy 58, Lawton, OK 73507-7779
      View Details
    • Value Estimation by Request
      3,844 SF

      807 Pershing Dr

      OFFICE BUILDING • 3,844 SF
      807 Pershing Dr, Lawton, OK 73507-5132
      View Details
    • Value Estimation by Request
      3,594 SF

      1722 Cache Rd

      OFFICE BUILDING • 3,594 SF
      1722 Cache Rd, Lawton, OK 73507-4547
      View Details
    • Value Estimation by Request
      2,225 SF

      612 14th St

      OFFICE BUILDING • 2,225 SF
      612 14th St, Lawton, OK 73507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,971 SF

      Corner Office Building for Sale

      Office building on high-traffic corner with divisible space and signage.
      1722 NW Cache Rd, Lawton, OK 73507
      View Details
    • $139,900
      1,824 SF

      Lawton Office/Retail Building For Sale

      Versatile building suitable for office or retail use.
      1222 NW Cache Rd, Lawton, OK 73507
      View Details
    • Contact for pricing
      10,400 SF

      Commercial Lot For Sale

      Commercial lot in high-traffic area, great for retail.
      2013 NW Smith Ave, Lawton, OK 73507
      View Details
    • Contact for pricing
      6,680 SF

      Mixed-Use Property with Office Space

      Mixed-use property with office space, large parking, high traffic.
      1217 NW Cache Rd, Lawton, OK 73507
      View Details
    • $32,500

      Residential Lots with Lake Access

      Residential lots with views and access to Lake Lawtonka.
      Tbd Birchell Rdg, Lawton, OK 73507
      View Details
    • Contact for pricing

      Residential Lot Ready For Construction

      Residential lot in established neighborhood, ready for immediate construction.
      411 NE 51St St, Lawton, OK 73507
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,950 SF

      Office/Retail Building at Corner Location

      Office/retail building with ample parking and high traffic count.
      1801 NW Cache Rd, Lawton, OK 73507
      View Details
    • Contact for pricing

      Office Space on High-Traffic Corner

      Office space for lease with redevelopment and excellent signage.
      1722 NW Cache Rd, Lawton, OK 73507
      View Details
    • Contact for pricing

      Office Building with Classroom/Conference Room

      Office building featuring multiple offices and a classroom/conference room.
      1150 NW Cache Rd, Lawton, OK 73507
      View Details
    • Contact for pricing

      Office Space with Conference Room

      Office space featuring a conference room and customer waiting area.
      1152 NW Cache Rd, Lawton, OK 73507
      View Details
    • Contact for pricing
      1,820 SF

      Office Space with Storage

      Office space with storage sheds and detached garage available for lease.
      5215 NW Tackle Box Rd, Lawton, OK 73507
      View Details
    • Contact for pricing
      1,500 SF

      NW Cache Retail/Office Space

      Office/Retail space for lease on high traffic NW Cache Rd.
      1718 NW Cache Rd, Lawton, OK 73507
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2113 NW Oak Ave
    Lawton, OK 73507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!