1201 40Th StLawton, OK 73505

  • Commercial land
  • 1,725 SF
For Sale
$499,000 View listing

Property Details for 1201 40Th St

Lot size
2.36 AC
Property size (Sq ft)
1,725 SF
Property type
Commercial land
APN
45747
APU
45747

Description

This exceptional 2.36-acre commercial land parcel presents a unique investment opportunity in Lawton, Oklahoma. Located at 1201 NW 40th St, this property boasts a highly desirable C-4 zoning designation, offering a wide range of development possibilities. Situated just south of the busy NW Cache Road and west of NW 38th Street, the land benefits from excellent visibility and accessibility. Its strategic location directly south of the Baymont by Wyndham hotel ensures high traffic counts and strong potential for customer draw. The property is serviced by readily available city water and sewer lines, along with electricity, simplifying development plans. This prime location is surrounded by a thriving commercial landscape, including established businesses such as The Home Depot, Starbucks, Locke Supply, The P & B Center, and Candlewood Suites, creating a robust and attractive business environment. The asking price is $499,000, with a land value of $5.79 per square foot. The APN is 0045747. This property is an ideal choice for developers seeking a strategic location with excellent infrastructure and proximity to established businesses in a rapidly growing area. Don't miss this chance to acquire a valuable piece of Lawton's commercial real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $293,168
    Hospitality
    $268,540
    Educational
    $223,422
    Medical
    $231,106
    Retail
    $347,546

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6205
Longitude
-98.4422
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
$2,096
$19,381
-
$19,381
-
$410,904
-
$410,904

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