1831 Cache Rd & 1814-1816Lawton, OK 73507

Property Details for 1831 Cache Rd & 1814-1816

Year built

1951

Lot size

0.24 AC

Property size (Sq ft)

3,454 SF

Property type

Turn key restaurants

APN

32518

APU

32518

Description

This exceptional commercial property in Lawton, Oklahoma, presents a unique investment opportunity. Encompassing 0.97 acres of land at 1831 NW Cache Rd & 1814-1816 NW, the property boasts two buildings totaling 3,454 square feet. The sale includes an established restaurant, complete with all furniture and equipment, making this a turnkey operation. The property is zoned C-5, allowing for a variety of commercial uses. Its strategic location near Lawton's busiest intersections ensures high visibility and significant foot traffic, ideal for a thriving business. The asking price is $345,000. This is a rare chance to acquire a well-established restaurant with significant potential for growth, situated on a sizable lot in a prime commercial area of Lawton, Oklahoma, zip code 73507, within Comanche County. The property's existing infrastructure and prime location offer immediate returns and long-term investment potential. Don't miss this opportunity to own a piece of Lawton's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $753,954

  6.5%

  $695,958

  7%

  $646,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,047,275

  Geo Method

  $1,047,275

• Alternative Use

  Use

  Valuation

  Residential

  $587,066

  Hospitality

  $537,750

  Educational

  $447,402

  Medical

  $462,788

  Retail

  $695,958

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6237

Longitude

-98.4185

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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