Financial
Distress signals
Property profile

303 SW Sheridan Rd Lawton, OK 73505

FOR SALE
Drive through restaurants
Property ID
US69-0498933
3,220 SF Built 1966
Last sale Jul 2023 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This thriving Chinese restaurant in Lawton, Oklahoma, presents a unique investment opportunity. Located at 303 SW Sheridan Rd, this 3,220 square foot, single-story building sits on a 0.77-acre lot in a high-traffic area with excellent main road exposure. Built in 1966 and fully renovated in 2023, the property boasts a fully equipped kitchen and a functional drive-thru, enhancing operational efficiency and revenue potential. The C-5 zoned property has been successfully operating for over two

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$32k
Assessed land$15k
Assessed improvement$17k
Effective rate10.81%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$315k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$7k
Operating expenses−$15k
NOI · 13.15% cap applied$46k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$256/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$93 – $454

Cap rate analysis

How does the asset earn?
13.15%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOMANCHE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.0
HVAC Service10.6
Tailor Shop10.0

Location

303 SW Sheridan Rd Lawton, OK 73505
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
601 Sheridan, Lawton, OK 73505-1526 $1,530,000 Apr 2024 2,460 SF
2331 Lee, Lawton, OK 73505-8326 $330,000 Dec 2023 3,240 SF
2144 82nd, Lawton, OK 73505 $950,000 Aug 2023 2,636 SF
206 Sheridan, Lawton, OK 73505 $1,490,000 Jun 2023 2,996 SF
2007 Sheridan, Lawton, OK 73505-3957 $700,000 Oct 2022 3,555 SF
913 Sheridan, Lawton, OK 73505 $220,000 Aug 2022 4,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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