1920 Cache RdLawton, OK 73507

  • Office properties
  • 3,750 SF
For Lease
$11/SF/YR View listing

Property Details for 1920 Cache Rd

Year built
1977
Lot size
0.33 AC
Property size (Sq ft)
3,750 SF
Property type
Office properties
Property subtype
Office buildings
APN
23924
APU
23924

Description

This exceptional 2,500-square-foot storefront retail/office space is ideally situated at 1920 NW Cache Rd in Lawton, Oklahoma, 73507. Built in 1977 and renovated in 2017, this single-tenant property boasts a highly desirable C-4 zoning classification. The building comprises a single story and offers ample parking with a ratio of 3.73 spaces per 1,000 square feet. The interior layout is well-designed and includes seven individual offices, a dedicated conference room, a spacious waiting area, a reception area, a convenient breakroom with a kitchen, and a fully compliant ADA bathroom. This property benefits from its location on a busy thoroughfare, NW Cache Rd, providing excellent visibility and access to high traffic volume. The lease is a modified gross lease, with the tenant responsible for electricity and the landlord covering water and trash services. The property features available marquee signage for enhanced business promotion. The asking rent is $11.00 per square foot, translating to a monthly rent of $2,291. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located space with excellent visibility in a thriving Lawton commercial district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $556,850
    6.5%
    $514,016
    7%
    $477,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $451,200
    Geo Method
    $451,200
  • Alternative Use

    Use
    Valuation
    Residential
    $637,380
    Hospitality
    $583,836
    Educational
    $485,745
    Medical
    $502,450
    Retail
    $755,603
1920 Cache Rd, Lawton, Oklahoma

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6229
Longitude
-98.4183
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
$3,776
$16,014
$18,903
$34,917
-
$142,344
$168,031
$310,375

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