502 Sheridan Rd, Lawton, OK 73505-6505
This exceptional Lawton, Oklahoma commercial property, located at 502 NW Sheridan Rd, zip code 73505, offers multiple suites ideal for a variety of businesses. The building, constructed in 1987, boasts a total of 13,771 square feet and is classified as Class C. Currently, there are two available spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,045 square feet. The property is zoned C-5, allowing for diverse commercial uses. Its versatile nature makes it suitable for medical offices, creative office spaces, traditional office setups, or even salons, reflecting its diverse subtype designations. The building enjoys a highly visible location on one of Lawton's busiest thoroughfares, situated conveniently near the intersection of Sheridan Road and Ferris Avenue. Recent exterior renovations have given the property a fresh, modern look. This presents a unique opportunity for businesses seeking a well-located, adaptable space in a thriving Lawton commercial district. The minimum divisible space is 1,400 square feet, providing flexibility for smaller businesses, while larger tenants can occupy up to 2,045 contiguous square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.