1920 Cache RdLawton, OK 73507
- Office properties
- 3,750 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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