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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Lawton, OK 73507

    • Commercial land
    • 1,887 SF
    • 10.06 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-1119786
    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

    • Commercial land

    Property Details

    Lot size
    10.06 lot acres
    Property size
    1,887 SF
    Property type
    Commercial land
    APN
    38702
    APU
    38702

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.383
    Latitude
    34.5892
    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
    $2,129
    $20,950
    $0.00
    $20,950
    -
    $186,224
    $0.00
    $186,224

    Comparable in this City

    • Value Estimation by Request
      0.83 Acres

      2 22nd St

      VACANT COMMERCIAL LAND • 0.83 Acres
      2 22nd St, Lawton, OK 73507-7411
      View Details
    • Value Estimation by Request

      1404 45th St

      VACANT COMMERCIAL LAND
      1404 45th St, Lawton, OK 73507-6201
      View Details
    • Value Estimation by Request
      4.10 Acres

      Lawton, OK 73507

      VACANT COMMERCIAL LAND • 4.10 Acres
      Lawton, OK 73507
      View Details
    • Value Estimation by Request
      962 SF

      18284 Wichita Mtns Bywy

      VACANT COMMERCIAL LAND • 962 SF
      18284 Wichita Mtns Bywy, Lawton, OK 73507
      View Details
    • Value Estimation by Request
      0.94 Acres

      2001 Kingsbury Ave

      VACANT COMMERCIAL LAND • 8,400 SF
      2001 Kingsbury Ave, Lawton, OK 73507
      View Details
    • Value Estimation by Request
      916 SF

      202 Lk Rd

      VACANT COMMERCIAL LAND • 916 SF
      202 Lk Rd, Lawton, OK 73507-7164
      View Details

    Similar Nearby for Sale

    • $457,380

      Lawton Land Parcels For Sale

      Two parcels near Lawton's Downtown Center, ready for development.
      5 NW Arlington Ave, Lawton, OK 73507
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    • $160,000

      High Traffic Commercial Land Parcel

      0.52 acre commercial land parcel on high traffic road.
      1311 NW Cache Rd, Lawton, OK 73507
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    • $220,000

      Corner Lot on High Traffic

      Corner lot with redevelopment potential on high-traffic Sheridan Rd.
      2124 NW Columbia Ave, Lawton, OK 73507
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    • $260,000

      Commercial Land Near I-44

      Commercial land with frontage on Rogers Lane, near I-44.
      1 Rogers Ln, Lawton, OK 73507
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    • $71,000

      Commercial Lots Near Central District

      Two commercial lots for sale near Lawton's Central Business District.
      204 SW 10Th St, Lawton, OK 73507
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    • $150,000

      Commercial Land for Development

      Three empty lots suitable for commercial development.
      1216 NW Cache Rd, Lawton, OK 73507
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    Similar Nearby for Lease

    • Contact for pricing

      Land Ready For Development

      Land for lease on the area's busiest thoroughfare.
      7991 NW Stoney Point Rd, Lawton, OK 73507
      View Details
    • $11 SF/Yr
      2,000 SF

      Lawton Office Space: 2,000 SF

      Prime Lawton office, fully vacant, flexible layout.
      1152 Cache Rd, Lawton, OK 73507
      View Details
    • $1,850 /Mo
      1,500 SF

      Lawton Warehouses For Lease

      Two warehouses available for lease in Lawton, Oklahoma.
      2015 NW Hoover Ave, Lawton, OK 73507
      View Details
    • $12 SF/Yr
      1,820 SF

      Office Space with Storage

      Office space with storage sheds and detached garage available for lease.
      5215 NW Tackle Box Rd, Lawton, OK 73507
      View Details
    • $1,800 /Mo
      1,300 SF

      Turnkey Office Space Near Ft. Sill

      Turnkey office space with ample parking near Ft. Sill gate.
      7438 NW Madische Rd, Lawton, OK 73507
      View Details
    • $750 /Mo
      1,500 SF

      NW Cache Retail/Office Space

      Office/Retail space for lease on high traffic NW Cache Rd.
      1718 NW Cache Rd, Lawton, OK 73507
      View Details
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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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