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2806 NW Sheridan Rd Lawton, OK 73505

Retail space Google Maps
5,292 SF 0.34 ac lot Built 1984
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US69-0590671

Property summary

AI-generated overview

This 5,292 square foot shopping center, built in 1984, is located at 2806 NW Sheridan Rd, Lawton, OK 73505, in Comanche County. Zoned C-5, the property boasts excellent visibility due to its location just south of Fort Sill's Bentley Gate and US Highway 62 (Rogers Lane), a high-traffic area for Fort Sill personnel. The building features ample parking, great signage opportunities including a pole sign, and two separate entrances with a connecting double door that can be locked or left open to create one large space. The interior offers two open floor plan spaces, one ADA-compliant restroom, and one private restroom. Large windows line the front of the building. Previous tenants included a gym. Surrounding businesses include a souvenir shop, African grocery store, military surplus store, car stereo shop, finance company, beauty supply store, and dollar store. The asking price is $239,000, with a price per square foot of $45.16. This property presents a strong investment opportunity in a high-demand location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 5,292 SF
Lot 0.34 ac (15,000 SF)
APN 35491
UPID US69-0590671

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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