215 SE Simpson St Lawton, OK 73501
For Sale
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This exceptional investment opportunity presents a prime 23,000-square-foot industrial property in Lawton, Oklahoma, currently listed at $950,000. The property consists of two buildings, one 15,000 square feet and the other 8,000 square feet, situated on a 1.16-acre lot. This Class B multi-tenant property, previously occupied by Pepsi, boasts a versatile flex, manufacturing, and warehouse configuration, ideal for owner-users. The property features four drive-in doors and three dock-high loading doors, enhancing operational efficiency. Ample parking is available, including nine trailer parking spots, and the entire perimeter is fully fenced for security. Conveniently located minutes from Interstate 44, this property benefits from excellent access to major transportation routes. The property is zoned I-3 and includes two buildings, each single-story, built in 1976. The Lawton-Fort Sill area offers a robust economy, supported by the significant presence of Fort Sill, a major US Army post, and nearby businesses such as Comanche Nation Casino and Apache Casino. This is a rare opportunity to acquire a well-located, functional industrial property in a growing market. The property is held by an LLC and is offered for sale by owner. The APN is 160027175.
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.