2124 Columbia Ave Lawton, OK 73505
This exceptional 2,365 square foot executive office building, located at 2124 NW Columbia Ave in Lawton, Oklahoma, presents a unique investment opportunity. Situated on a 0.45-acre lot in Comanche County (zip code 73505), this 1950-built property is zoned R-1, offering flexibility for various uses. The building currently functions as an executive office space, but its strategic corner location at the intersection of high-traffic Sheridan Road and Columbia Avenue presents significant redevelopment potential. The property's current zoning allows for the possibility of rezoning, opening doors to a wider range of commercial uses. The existing structure could be renovated for continued use as an office or other commercial building, or it could be demolished to make way for new construction. This prime location boasts proximity to established businesses such as Walgreens, Beach Babe Glow, Hobby Lobby, and Ross, ensuring high visibility and convenient access for potential tenants or customers. The asking price for this versatile property is $220,000. This presents a compelling opportunity for investors seeking a high-traffic location with significant upside potential. The property's size and location make it an ideal candidate for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.