Technical
Financial
Distress signals
Property profile

6502 NW Cache Rd Lawton, OK 73505

FOR SALE
Strip malls
Property ID
US69-0692210
18,300 SF 1.03 ac lot Built 1972
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 29,860-square-foot shopping center in Lawton, Oklahoma, presents a compelling investment opportunity. Located on NW Cache Road, Lawton's highest-traffic thoroughfare, this single-story, Class C property boasts excellent visibility and accessibility. Built in 1972, the 1.03-acre site features a single building with 40 parking spaces and is zoned C-5, allowing for retail and/or office use. Currently 90% occupied by long-term tenants, who are responsible for their own repairs and utilities, this turnkey investment requires minimal deferred maintenance. The property features building facade signage, capitalizing on its prime location and high traffic volume. Low inventory in the area further enhances its investment value. This property offers a stable income stream with significant upside potential for a savvy investor. The eleven units are well-maintained and ready for immediate income generation. This is a rare opportunity to acquire a well-positioned, high-performing retail center in a thriving market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Total area 18,300 SF
Lot 1.03 ac (44,867 SF)
APN 25407
UPID US69-0692210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store

Location

6502 NW Cache Rd Lawton, OK 73505
Lawton metro Census 404 LAWTON, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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