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Property profile & analytics
FOR SALE
Warehouses

215 SE Simpson St Lawton, OK 73501

15,000 SF 1.08 ac lot Built 1976
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-0160042
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 15,000 SF
Lot 1.08 ac (46,995 SF)
APN 27175
UPID US69-0160042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$785k
Owner & transaction history
First Flight Investments LLC · 2 yrs held
First Flight Investments LLC
since 2023
Last sale
$705,000
1 recorded transaction
2023
$705,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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