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    Property profile & analytics

    3801 Cache Rd Lawton, OK 73505

    • Banks
    • 4,480 SF
    For Lease
    View listing
    $10 SF/Yr
    Last Sale
    Mar 30, 2022
    $1,675,000
    Value Estimations
    $1,685,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0574843
    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

    • Harbor Freight Tools / Hardware Store / Tool Store
    • Salt Cellar / Children'S Store / Christian Book Store
    • Reflections of Freedom / Picture Frame Shop
    • Sally Beauty / Beauty Supply Store / Barber Supply Store
    • My Little Pearl Bowtique Lawton / Clothing Store / Women'S Clothing Store

    Property Details for 3801 Cache Rd

    Year built
    1969
    Property size
    4,480 SF
    Property type
    Banks
    APN
    35479
    APU
    35479

    Description

    Cache Road Square offers an exceptional opportunity for retail businesses seeking a high-traffic location in Lawton, Oklahoma. This Class A shopping center, situated at the intersection of Cache Road and 38th Street, boasts 156,616 square feet across five one-story buildings. The property sits on 16.03 acres of land and features 22 total suites, with spaces ranging from a minimum of 1,850 square feet to a maximum contiguous space of 14,854 square feet. Currently, four spaces are available. One notable space, previously a restaurant, measures 3,850 square feet and includes a large banquet room with accordion dividers and a kitchen equipped with a substantial vent hood. This space is move-in ready. The center's strategic location at a busy intersection draws shoppers from across southwest Oklahoma, benefiting from the diverse mix of retail, restaurants, and services already established. The property is meticulously maintained, reflecting a commitment to providing a superior shopping experience. Ample parking is available for customers and tenants. Built in 1961, the center is zoned C-5, offering flexibility for various commercial uses. This is a rare opportunity to secure space in a thriving, well-maintained shopping center in a prime Lawton location. The property's excellent visibility and convenient access make it an ideal choice for businesses seeking strong growth potential. Contact us today to learn more about available spaces and leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,685,000
      ML approach
      $1,705,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4403
    Latitude
    34.624
    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
    $37,207
    $168,327
    $175,737
    $344,064
    -
    $1,496,240
    $1,562,105
    $3,058,345

    Comparable in this City

    • Value Estimation
      $335,000
      2,910 SF

      6216 Cache Rd

      FINANCIAL BUILDING • 2,910 SF
      6216 Cache Rd, Lawton, OK 73505
      View Details
    • Value Estimation
      $425,000
      4,541 SF

      2301 67th St

      FINANCIAL BUILDING • 4,541 SF
      2301 67th St, Lawton, OK 73505-1336
      View Details
    • Value Estimation
      $990,000
      3,870 SF

      702 Sheridan Rd

      FINANCIAL BUILDING • 3,870 SF
      702 Sheridan Rd, Lawton, OK 73505-5203
      View Details
    • Value Estimation
      $295,000
      3,640 SF

      4005 Gore Blvd

      FINANCIAL BUILDING • 3,640 SF
      4005 Gore Blvd, Lawton, OK 73505-6335
      View Details
    • Value Estimation
      $325,000
      2,752 SF

      1311 Sheridan Rd

      FINANCIAL BUILDING • 2,752 SF
      1311 Sheridan Rd, Lawton, OK 73505-5211
      View Details
    • Value Estimation
      $345,000
      3,048 SF

      15 67th St

      FINANCIAL BUILDING • 3,048 SF
      15 67th St, Lawton, OK 73505-5631
      View Details

    Similar Nearby for Sale

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      Lawton Bank Building - $445,000

      Prime Lawton Retail Space, 1780 sq ft
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    • $239,000
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      Retail Building Near Ft. Sill

      Retail building with ample parking and high traffic location.
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      Lawton Retail/Industrial Investment Opportunity

      9,600 SF retail/industrial space for sale in Lawton, OK.
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    • Contact for pricing
      5,467 SF

      Retail Building with Drive-Thru

      Multi-tenant retail building with drive-thru capability and excellent signage.
      28 NW 67Th St, Lawton, OK 73505
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    • $300,000
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      Lawton Retail Storefront Investment

      Prime Lawton location, high-traffic corner. Retail & warehouse space.
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      Lawton Retail Property - $399K

      12,800 SF Multi-Tenant Retail, Vacant
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    Similar Nearby for Lease

    • $26 SF/Yr
      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
    • $1,500 /Mo
      2,400 SF

      Retail Space on Sheridan Road

      Freestanding retail building with high traffic exposure, previously a gym.
      613 SW Sheridan Rd, Lawton, OK 73505
      View Details
    • $1,500 /Mo
      2,000 SF

      Renovated Commercial Space in Lawton

      Fully renovated 2,000 sq ft space ideal for office or clinic.
      4645 W Gore Blvd, Lawton, OK 73505
      View Details
    • $21 SF/Yr
      656 SF

      Prime Sheridan Road Office Space

      656 sq ft Executive Office Suite for Lease
      1324 Sheridan Rd, Lawton, OK 73505
      View Details
    • $13 SF/Yr
      5,952 SF

      Lawton Retail Gym - High Traffic

      5,952 SF Fitness Center - West Lawton
      6416 Cache Rd, Lawton, OK 73505
      View Details
    • Contact for pricing
      1,070 SF

      Retail Space in Lawton, OK

      Retail space available in Lawton, Oklahoma near major retailers.
      1764 NW 82Nd St, Lawton, OK 73505
      View Details
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    3801 Cache Rd
    Lawton, OK 73505
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    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
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