Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    313 NW Sheridan Rd Lawton, OK 73505

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    313 NW Sheridan Rd Lawton, OK 73505

    View on Map
    • Commercial real estate
    • 0.26 lot acres
    For Sale
    $100,000
    View Listing →
    Prime Redevelopment Land For Sale For Sale
    $100,000
    0.26 Acres

    Prime Redevelopment Land For Sale

    Redevelopment property on high-traffic NW Sheridan Rd.

    313 NW Sheridan Rd, Lawton, OK
    View Listing
    Property ID
    US69-0315126
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • A Z Computer Solutions / Computer & Electronic Repair

    Property Details for 313 NW Sheridan Rd

    Lot size
    0.26 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.26-acre commercial land parcel presents a unique redevelopment opportunity in Lawton, Oklahoma. Situated on high-traffic Northwest Sheridan Road, this property boasts daily traffic counts exceeding 17,000 vehicles, ensuring significant visibility and accessibility for any future development. Currently zoned R-1, the site offers substantial potential for rezoning to accommodate a variety of commercial uses. Its prime location places it in close proximity to established businesses such as Liberty Tax Service, Hobby Lobby, and Beach Babe Glow, creating a vibrant and desirable commercial environment. The approximately 11,325 square feet of land provides ample space for a diverse range of commercial projects, from retail establishments to office spaces or other suitable ventures. This property represents a compelling investment opportunity for developers seeking a high-visibility location with strong potential for growth and return. The address is 313 NW Sheridan Rd, Lawton, OK 73505, within Comanche County. This is a rare chance to acquire a strategically located commercial land parcel in a thriving area of Lawton.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4219778
    Latitude
    34.6133814

    Comparable in this City

    • $145,000

      Waterfront Lot on Oak Ridge Lake

      Direct waterfront lot with private lake access in Lawton, OK.
      6460 Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $1,200,000
      240.00 Acres

      Lawton Acreage with Development Potential

      240 acres in Lawton, OK, with development potential.
      3800 SW Bishop Rd, Lawton, OK 73505
      View Details
    • $172,500

      Residential Lot with Lake Views

      Premier lot on Lawton's largest lake with expansive views.
      6402 SW Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $95,000

      Residential Lot with Lake Views

      Ready-to-build lot in prestigious Lawton community with lake views.
      6388 Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $45,000

      95 Acres in Oak Ridge

      95 acres in Lawton's Oak Ridge area for sale.
      Land Tbd Oak Rdg, Lawton, OK 73505
      View Details
    • $799,500
      120.00 Acres

      Lawton Acreage: Development Potential

      120 +/- acres near Lawton's shopping and dining destinations.
      01 SW Bishop Rd, Lawton, OK 73505
      View Details

    Similar Nearby for Sale

    • $145,000

      Waterfront Lot on Oak Ridge Lake

      Direct waterfront lot with private lake access in Lawton, OK.
      6460 Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $1,200,000
      240.00 Acres

      Lawton Acreage with Development Potential

      240 acres in Lawton, OK, with development potential.
      3800 SW Bishop Rd, Lawton, OK 73505
      View Details
    • $172,500

      Residential Lot with Lake Views

      Premier lot on Lawton's largest lake with expansive views.
      6402 SW Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $95,000

      Residential Lot with Lake Views

      Ready-to-build lot in prestigious Lawton community with lake views.
      6388 Heritage Oak Rd, Lawton, OK 73505
      View Details
    • $45,000

      95 Acres in Oak Ridge

      95 acres in Lawton's Oak Ridge area for sale.
      Land Tbd Oak Rdg, Lawton, OK 73505
      View Details
    • $799,500
      120.00 Acres

      Lawton Acreage: Development Potential

      120 +/- acres near Lawton's shopping and dining destinations.
      01 SW Bishop Rd, Lawton, OK 73505
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail Land Opportunity

      Land for ground lease in Lawton's retail hub.
      1060 Northwest 38Th St, Lawton, OK 73505
      View Details
    • Contact for pricing

      Mixed-Use Acreage for Lease

      Large mixed-use acreage available for lease in Lawton, Oklahoma.
      SW Boyles Landing Rd, Lawton, OK 73505
      View Details
    • Contact for pricing

      Raw Land For Lease

      Approximately 0.87 acres of raw land available for lease.
      1200 SW 67Th St, Lawton, OK 73505
      View Details
    • Contact for pricing
      9,328 SF

      Renovated Childcare Facility in Lawton, OK

      Newly renovated 9,328 SF childcare facility for lease.
      5402 NW Kinyon Ave, Lawton, OK 73505
      View Details
    • Contact for pricing
      1,890 SF

      Turnkey Office Space Available

      Turnkey office space on high traffic west Gore Blvd.
      6207 W Gore Blvd, Lawton, OK 73505
      View Details
    • Contact for pricing
      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
    View Listing
    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.
    313 NW Sheridan Rd
    Lawton, OK 73505
    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

    Thank You for Inquiry

    313 NW Sheridan Rd, Lawton, OK, 73505

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!