Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3 Interstate Dr Lawton, OK 73501-3038

    • Hotels
    • 48,290 SF
    OFF-MARKET
    Value Estimations
    $2,525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-1115234
    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

    • 3 SE Interstate Drive Parking / Parking Lot & Garage
    • MySuites Lawton / Hotel & Motel

    Property Details for 3 Interstate Dr

    Year built
    1998
    Property size
    48,290 SF
    Property type
    Hotels
    APN
    26048
    APU
    26048

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,751,000
      Market price range: $678k - $4.70M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,915,000
      Current use
      MEDICAL BUILDING
      $3,930,000
      Change: +35% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,090,000
      Change: +6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3803
    Latitude
    34.6078
    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
    $46,054
    $62,301
    $363,574
    $425,875
    -
    $553,784
    $3,409,762
    $3,963,546

    Comparable in this City

    • Value Estimation
      $3,210,000
      61,984 SF

      209 Interstate Dr

      HOTEL • 61,984 SF
      209 Interstate Dr, Lawton, OK 73501-3044
      View Details
    • Value Estimation
      $2,425,000
      50,972 SF

      201 7th St

      HOTEL • 50,972 SF
      201 7th St, Lawton, OK 73501-3020
      View Details
    • Value Estimation
      $3,365,000
      34,974 SF

      421 Interstate Dr

      HOTEL • 34,974 SF
      421 Interstate Dr, Lawton, OK 73501-5479
      View Details
    • Value Estimation
      $4,010,000
      52,568 SF

      201 Interstate Dr

      HOTEL • 52,568 SF
      201 Interstate Dr, Lawton, OK 73501-3044
      View Details
    • Value Estimation
      $570,000
      6,251 SF

      415 Interstate Dr

      HOTEL • 6,251 SF
      415 Interstate Dr, Lawton, OK 73501-5479
      View Details
    • Value Estimation
      $695,000
      3,884 SF

      7601 Lee Blvd

      BED & BREAKFAST • 3,884 SF
      7601 Lee Blvd, Lawton, OK 73501-3503
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.50 Acres

      Downtown Lawton Land Opportunity

      3.5-acre commercial lot, prime location.
      0 Lawton Downtown Ctr, Lawton, OK 73501
      View Details
    • $187,000
      0.54 Acres

      Prime Lawton Commercial Land

      0.54-acre lot, high-traffic location
      512 Lee Blvd, Lawton, OK 73501
      View Details
    • Contact for pricing
      9,350 SF

      Industrial Property Near I-44

      9,350 SF retail/industrial building for sale, close to I-44.
      502 SW Douglas Ave, Lawton, OK 73501
      View Details
    • Contact for pricing
      11,250 SF

      Downtown Lawton Retail/Office Building

      Retail/office building in Lawton's Central Business District.
      421 SW C Ave, Lawton, OK 73501
      View Details
    • Contact for pricing
      2,705 SF

      Automotive/Warehouse Building on 'F' Ave

      Occupied automotive/warehouse building for sale with development potential.
      1202 SW F Ave, Lawton, OK 73501
      View Details
    • Contact for pricing

      Commercial Land For Sale

      2.07ac commercial land for sale near NW Cache Rd.
      829 NW 41St St, Lawton, OK 73501
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      2,223 SF

      Lawton CBD Executive Office Space

      Prime Lawton office, 2,223 sq ft, fully vacant.
      207 B Ave, Lawton, OK 73501
      View Details
    • $6 SF/Yr
      51,931 SF

      Prime Flex Space, SW Oklahoma City

      Modern Flex Building, 24,641 SF Available
      1224 Rex Madeira Rd, Lawton, OK 73501
      View Details
    • Contact for pricing
      4,360 SF

      Lawton Warehouse with Office Space

      4,360 SF warehouse with office space and secured yard.
      816 SE 2Nd St, Lawton, OK 73501
      View Details
    • Contact for pricing
      5,325 SF

      Office Space on High-Traffic Corner

      Office space with waiting area, offices, and conference room.
      423 SW 11Th St, Lawton, OK 73501
      View Details
    • Contact for pricing
      213,602 SF

      Lawton Town Center: Prime Retail Space

      Massive Retail Space, Lawton, OK - Redevelopment Opportunity
      2nd Gore Blvd, Lawton, OK 73501
      View Details
    • $39,000
      6,240 SF

      Lawton Industrial Warehouse - 6,240 SF

      Spacious Lawton warehouse, ideal for distribution. Great location & access.
      1302 2Nd St, Lawton, OK 73501
      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.
    3 Interstate Dr
    Lawton, OK 73501-3038
    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.
    Sign Up Successful!
    You now have access to more from Realmo!