1150 Cache RdLawton, OK 73507

Property Details for 1150 Cache Rd

Year built

1941

Lot size

0.16 AC

Property size (Sq ft)

2,121 SF

Property type

Office buildings

APN

24647

APU

24647

Description

This exceptional 2,000-square-foot office building at 1150 NW Cache Road, Lawton, OK 73507, presents a fantastic opportunity for a single tenant. Built in 1941, this single-story structure boasts a highly desirable location on busy Cache Road, offering excellent visibility and accessibility. The C-5 zoning allows for a variety of uses. The interior layout is well-suited for a variety of office configurations, featuring eight individual offices, a spacious classroom/conference room, a welcoming reception area, a client waiting area, and a dedicated closing room. This layout has proven successful for real estate operations for many years. The property benefits from a large pylon sign and additional space for building signage, ensuring maximum brand exposure. The building's attractive curb appeal further enhances its presence on this high-traffic thoroughfare. The entire 2,000 square feet is currently vacant, providing immediate occupancy for the new owner. The cross street is Parkview. This property offers a blend of classic charm and modern functionality, making it an exceptional investment opportunity in a thriving Lawton, Oklahoma market.

• CAP approach

  CAP return

  Valuation

  6%

  $335,477

  6.5%

  $309,671

  7%

  $287,551

• Comparable approach

  Method

  Valuation

  Relative Method

  $255,199

  Geo Method

  $255,199

• Alternative Use

  Use

  Valuation

  Residential

  $383,992

  Hospitality

  $351,734

  Educational

  $292,639

  Medical

  $302,703

  Retail

  $455,216

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6229

Longitude

-98.409

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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