2511 Lee Blvd Lawton, OK 73505
This exceptional mixed-use property, located at 2511 SW Lee Blvd in Lawton, Oklahoma, presents a compelling investment opportunity. The 1,500 square foot building sits on a 0.4-acre lot and is currently generating rental income of $500 per month. The property is zoned C-1, allowing for a variety of uses, and its strategic location on one of Lawton's three main east-west corridors ensures high visibility and traffic. The flat topography simplifies development possibilities. The existing structure provides immediate cash flow, while the C-1 zoning opens doors to potential redevelopment, including high-density, multi-family apartments. This makes it an ideal investment for those seeking both immediate return and long-term growth potential. The asking price is $107,000. This property offers a unique blend of current income and future development possibilities in a thriving Lawton location. The 73505 zip code offers easy access to amenities and transportation routes. Don't miss this chance to acquire a versatile and profitable asset in a desirable market.
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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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.