3402 11Th StLawton, OK 73501

Property Details for 3402 11Th St

Year built

1978

Property size (Sq ft)

18,000 SF

Property type

Warehouses

APN

44765

APU

44765

Description

This exceptional 26,000-square-foot warehouse, located at 3402 SW 11th St in Lawton, Oklahoma, presents a significant investment opportunity. Situated on a 2.63-acre lot within Comanche County, this property boasts convenient access to major transportation arteries and the Lawton airport, making it ideal for logistics and distribution businesses. The building, constructed in 1978 and extensively renovated in 2005, is currently vacant, offering immediate occupancy for a new tenant. The property is zoned I-1, allowing for a variety of industrial uses. Key features include a substantial 26,000 square feet of warehouse space, providing ample room for storage, operations, and potential expansion. The property's size and location make it a highly attractive option for businesses seeking a strategic presence in the Lawton area. The asking price is $975,000. This is a rare opportunity to acquire a well-maintained, sizable warehouse in a prime location. The property's excellent condition and strategic location make it a compelling investment prospect. The 73501 zip code ensures easy access to local amenities and a strong workforce.

• CAP approach

  CAP return

  Valuation

  6%

  $7,117,830

  6.5%

  $6,570,300

  7%

  $6,101,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,465,220

  Geo Method

  $3,465,220

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,376,950

  Mixed-Use / Specialty

  $3,371,000

  Hospitality / Lodging

  $2,481,130

  Office

  $3,357,320

  Institutional / Educational

  $3,506,660

  Residential Income

  $4,102,790

  Multifamily

  $4,886,900

  Automotive / Energy

  $3,005,710

  Parking / Income-Based Land

  $1,031,220

  Restaurant / Food Service

  $1,766,290

  Healthcare / Senior Housing

  $3,450,650

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.5721

Longitude

-98.404

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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