2nd St. Lawton, OK 73501

Property Details for 2nd St.

Lot size

10.06 lot acres

Property type

Commercial real estate

Description

This exceptional 10.06-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Strategically located at the intersection of Ferris Avenue and 2nd Street NW SE/C, this property enjoys unparalleled visibility and accessibility. Its prime location is adjacent to the thriving Lawton Town Center, a major retail hub anchored by prominent national brands such as Kohl's, Ulta, Dick's Sporting Goods, and Petco, ensuring high traffic volume and strong consumer demographics. The property's zoning allows for a variety of commercial uses, making it suitable for a wide range of development projects. Further enhancing its appeal, this land is situated within the Downtown Lawton Overlay District, specifically within the Commercial Central sub-district, with a portion along 2nd Street falling under the Mixed Use sub-district designation. This advantageous location provides access to established infrastructure and benefits from the supportive environment of the Downtown Lawton Overlay District. Importantly, this property is also located within a Tax Incentive Finance (TIF) district, offering potential tax advantages and incentives for qualified developments. The asking price for this significant commercial land parcel is $1,893,083. This presents a compelling opportunity for investors and developers seeking a high-impact location in a growing Oklahoma market. The property's size and location make it ideal for a variety of commercial developments, capitalizing on the existing retail synergy and the potential for future growth in the Lawton area. The zip code is 73501, and the property is situated in Comanche County.