For Sale
$87,680

1501-1507 Lawton Ave Lawton, OK 73507

0.7-acre development site with rental income.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 0.7-acre commercial land parcel, located at 1501-1507 NW Lawton Ave, Lawton, OK 73507 (APN 160032457), presents a unique investment opportunity. Currently zoned R-3, this property offers significant redevelopment potential or immediate rental income. The land includes a rental house with a long-term tenant, providing a stable cash flow stream. The asking price is $87,680, translating to a land value of $2.89 per square foot. This prime location boasts proximity to established businesses, including the Junction Restaurant, Hibdon Tires Plus, Sanders Hardware, and Phillips 66, ensuring high visibility and convenient access. The property's versatility makes it ideal for various commercial ventures, offering a compelling blend of immediate return and long-term growth potential. This is a rare opportunity to acquire a well-situated commercial property in a thriving area of Lawton, Oklahoma. Serious inquiries only.

Highlights

  • Investment opportunity: Multi-family property with two adjacent vacant lots on NW Lawton Ave.
  • Stable income stream: Property features a long-term tenant.
  • Excellent location: Situated near Junction Restaurant, Hibdon Tires Plus, Sanders Hardware, and Phillips 66.

Property Details for 1501-1507 Lawton Ave

Property type
Land
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6244396
Longitude
-98.4119759

FAQs

What type of property is this?
Land - 0.7-acre development site with rental income.
Where is the land located?
The property is located at 1501-1507 Lawton Ave Lawton, OK.
What is the asking price?
The asking price for this property is $87,680.
What are key features of this property?
This property features: Investment opportunity: Multi-family property with two adjacent vacant lots on NW Lawton Ave.; Stable income stream: Property features a long-term tenant.; Excellent location: Situated near Junction Restaurant, Hibdon Tires Plus, Sanders Hardware, and Phillips 66.
How can I contact the broker?
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1501-1507 Lawton Ave
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