Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2621 Cache Rd Lawton, OK 73505-5235

    • Turn key restaurants
    • 1,960 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $295,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0673305
    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.

    Current Use by Public Records

    • Chef India / Restaurant

    Property Details for 2621 Cache Rd

    Year built
    1960
    Lot size
    0.23 lot acres
    Property size
    1,960 SF
    Property type
    Turn key restaurants
    APN
    24316
    APU
    24316

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $233,000
      Market price range: $181k - $889k

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4315
    Latitude
    34.624
    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
    $3,118
    $17,032
    $11,799
    $28,831
    -
    $169,260
    $159,438
    $328,698

    Comparable in this City

    • Value Estimation
      $285,000
      2,220 SF

      219 James St

      RESTAURANT • 2,220 SF
      219 James St, Lawton, OK 73505
      View Details
    • Value Estimation
      $420,000
      4,011 SF

      2910 Cache Rd

      RESTAURANT • 4,011 SF
      2910 Cache Rd, Lawton, OK 73505-3827
      View Details
    • Value Estimation
      $325,000
      3,500 SF

      2703 Sheridan Rd

      RESTAURANT • 3,500 SF
      2703 Sheridan Rd, Lawton, OK 73505-2150
      View Details
    • Value Estimation
      $465,000
      10,121 SF

      2632 Cache Rd

      RESTAURANT • 10,121 SF
      2632 Cache Rd, Lawton, OK 73505-5236
      View Details
    • Value Estimation
      $765,000
      30,000 SF

      6720 Quannah Parker Trl

      RESTAURANT • 30,000 SF
      6720 Quannah Parker Trl, Lawton, OK 73505-1305
      View Details
    • Value Estimation
      $295,000
      3,606 SF

      1410 Sheridan Rd

      RESTAURANT • 3,606 SF
      1410 Sheridan Rd, Lawton, OK 73505-8615
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,030 SF

      Turn-Key Restaurant on High-Traffic Road

      Fully equipped restaurant for sale on a high-traffic road.
      3110 NW Cache Rd, Lawton, OK 73505
      View Details
    • $849,000
      9,460 SF

      Papa Louie's Pizzeria - Lawton, OK

      Established Restaurant, High Traffic Area
      2315 Sheridan Rd, Lawton, OK 73505
      View Details
    • $950,000
      10,960 SF

      Retail Investment Opportunity with Land

      Fully leased retail buildings with development land near Ft. Sill.
      2705 NW Sheridan Rd, Lawton, OK 73505
      View Details
    • Contact for pricing
      5,467 SF

      Retail Building with Drive-Thru

      Multi-tenant retail building with drive-thru capability and excellent signage.
      28 NW 67Th St, Lawton, OK 73505
      View Details
    • Contact for pricing
      3,224 SF

      Retail Building with Drive-Through Access

      Retail building on high-traffic road with redevelopment potential.
      4410 NW Cache Rd, Lawton, OK 73505
      View Details
    • $425,000
      3,220 SF

      Lawton Restaurant - Turnkey Opportunity

      Established eatery, high traffic area, drive-thru.
      303 Sheridan Rd, Lawton, OK 73505
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      1,675 SF

      Retail Space with Drive-Thru

      Turnkey retail space with drive-thru on high-traffic street.
      1421 NW 67Th St, Lawton, OK 73505
      View Details
    • $10 SF/Yr
      156,616 SF

      Cache Road Square Retail Center

      Prime Lawton Retail Space, Multiple Units Available
      3801 Cache Rd, Lawton, OK 73505
      View Details
    • $22 SF/Yr
      7,243 SF

      Cache Road Restaurant Space Available

      Spacious restaurant suite in prime location with ample parking.
      3807-A NW Cache Rd, Lawton, OK 73505
      View Details
    • $28 SF/Yr
      3,680 SF

      Lawton Retail Space for Lease

      Two Restaurant Spaces Available in Prime Location
      1736 82Nd St, Lawton, OK 73505
      View Details
    • $4,010 /Mo
      2,300 SF

      Restaurant and Office Space Available

      Restaurant and office spaces for lease with ample parking.
      1320 NW Homestead Dr, Lawton, OK 73505
      View Details
    • $2,500 /Mo
      3,064 SF

      Retail Space on Sheridan Road

      Retail property with ample signage and concrete parking.
      1003 SW Sheridan Rd, Lawton, OK 73505
      View Details
    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.
    2621 Cache Rd
    Lawton, OK 73505-5235
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.