For Sale
$625,000

1601 Cache Rd Lawton, OK 73507

Profitable Motel, High Traffic Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This fully equipped, 30-unit motel in Lawton, Oklahoma, presents a compelling redevelopment opportunity. Situated on a 0.48-acre lot at the hard corner of NW 16th and NW Cache Rd, just west of I-44, this C-class property boasts 9,048 square feet across two, two-story buildings. Built in 1945, the property features 31 beds and 33 keys, currently operating at 50% occupancy. The asking price is $625,000 ($69.08/sq ft). The property includes commercial signage, a slab porch with a roof, and ample private parking. Its prime location benefits from high traffic counts and proximity to established businesses such as Hibdon Tires, Wendy's, Budget Inn, Jeff's Key & Safe Shop, Junction Restaurant, and Sanders Hardware. The property is zoned C-5, offering flexibility for redevelopment. This opportunistic investment is for sale by owner and presents significant potential for increased profitability and return. The APN is 160044363.

Highlights

  • High-traffic location.
  • Excellent visibility with commercial signage, covered porch, and abundant parking.
  • Strong surrounding tenant mix including national and local businesses.

Property Details for 1601 Cache Rd

Property type
Retail properties, Land
Square Feet
9,048 SF
Class
C
Year Built
1945
Buildings
2
Stories
2
Lot Size (sq. ft)
20,909 SF
Units
30

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.623309673155
Longitude
-98.413640551259

FAQs

What type of property is this?
Retail property - Profitable Motel, High Traffic Location
Where is the retail property located?
The property is located at 1601 Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: High-traffic location.; Excellent visibility with commercial signage, covered porch, and abundant parking.; Strong surrounding tenant mix including national and local businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1601 Cache Rd
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