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    Property profile & analytics

    6702 Cache Rd Lawton, OK 73505-2702

    • Drive through restaurants
    • 2,451 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $285,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2376876
    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

    • Whataburger / Chicken Restaurant / Fast Food Restaurant

    Property Details for 6702 Cache Rd

    Year built
    1987
    Lot size
    0.55 lot acres
    Property size
    2,451 SF
    Property type
    Drive through restaurants
    APN
    43122
    APU
    43122

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $198,000
      Market price range: $168k - $354k

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.4751
    Latitude
    34.623
    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
    $6,359
    $37,382
    $21,420
    $58,802
    -
    $381,536
    $277,189
    $658,725

    Comparable in this City

    • Value Estimation
      $330,000
      5,286 SF

      1 67th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,286 SF
      1 67th St, Lawton, OK 73505-5631
      View Details
    • Value Estimation
      $295,000
      3,220 SF

      303 Sheridan Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,220 SF
      303 Sheridan Rd, Lawton, OK 73505-1522
      View Details
    • Value Estimation
      $160,000
      5,004 SF

      2303 Cache Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,004 SF
      2303 Cache Rd, Lawton, OK 73505
      View Details
    • Value Estimation
      $290,000
      2,304 SF

      2425 Cache Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,304 SF
      2425 Cache Rd, Lawton, OK 73505-5217
      View Details
    • Value Estimation
      $475,000
      3,562 SF

      807 Sheridan Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,562 SF
      807 Sheridan Rd, Lawton, OK 73505-5249
      View Details
    • Value Estimation
      $330,000
      5,654 SF

      4435 Cache Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,654 SF
      4435 Cache Rd, Lawton, OK 73505-3401
      View Details

    Similar Nearby for Sale

    • $525,000
      3,320 SF

      Retail Building on High Traffic Road

      Retail building with drive-through access on a 0.45-acre parcel.
      6105 NW Cache Rd, Lawton, OK 73505
      View Details
    • $375,000
      3,492 SF

      Lawton Retail Store with Drive-Through

      Retail store with drive-through potential on approximately one acre.
      2303 NW Sheridan Rd, Lawton, OK 73505
      View Details
    • 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
      View Details
    • Contact for pricing
      3,224 SF

      Retail Building with Drive-Through Access

      Retail building on high-traffic road with redevelopment potential.
      4410 NW Cache Rd, Lawton, OK 73505
      View Details
    • $1,777,777

      Drive-Thru Restaurant For Sale

      New construction drive-thru restaurant with a 15-year absolute net lease.
      3323 NW Cache Rd, Lawton, OK 73505
      View Details
    • Contact for pricing
      2,726 SF

      Operating Restaurant in Lawton, OK

      2,726 SF restaurant space in Lawton, Oklahoma for sale.
      6310 NW Cache Rd, Lawton, OK 73505
      View Details

    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
    • $2,500 /Mo
      3,064 SF

      Retail Space on Sheridan Road

      Retail property with ample signage and concrete parking.
      1003 SW Sheridan Rd, Lawton, OK 73505
      View Details
    • $28 SF/Yr
      3,680 SF

      Lawton Retail Space for Lease

      Two Restaurant Spaces Available in Prime Location
      1736 82Nd St, Lawton, OK 73505
      View Details
    • $4,010 /Mo
      2,300 SF

      Restaurant and Office Space Available

      Restaurant and office spaces for lease with ample parking.
      1320 NW Homestead Dr, Lawton, OK 73505
      View Details
    • Contact for pricing

      Freestanding Restaurant Space Available

      Restaurant space for rent in high-traffic Lawton, Oklahoma.
      206 Southwest Sheridan Rd, Lawton, OK 73505
      View Details
    • $10 SF/Yr
      156,616 SF

      Cache Road Square Retail Center

      Prime Lawton Retail Space, Multiple Units Available
      3801 Cache Rd, Lawton, OK 73505
      View Details
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    6702 Cache Rd
    Lawton, OK 73505-2702
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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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