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    FOR SALE
    Strip malls

    6502 NW Cache Rd, Lawton, OK 73505

    18,300 SF 1.03 ac lot Built 1972
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US69-0692210
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • A1 Appliance Parts LLC Home Appliance Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    DODD, JAMES RALPH RALPH DODDUST TR
    DODD, JAMES RALPH RALPH DODDUST TR
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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