2102 Cache RdLawton, OK 73505

Property Details for 2102 Cache Rd

Year built

2015

Construction

BRICK

Property size (Sq ft)

2,880 SF

Property type

Drive through restaurants

APN

46985

APU

46985

Description

This exceptional 10,077-square-foot restaurant building is available for lease or sale, situated on a highly visible corner lot at the intersection of NW Cache Rd and NW 21st St in Lawton, Oklahoma. The property boasts a 1.19-acre lot size, zoned C-5, and features ample parking. The building, previously occupied by a Mexican restaurant, underwent a remodel in 2017, resulting in an attractive and functional space. The interior includes a spacious open dining area, ideal for a variety of restaurant concepts. Its prominent location ensures high visibility and accessibility, benefiting from significant traffic flow. The property's APN is 0046985, located in Comanche County, Oklahoma, zip code 73507. This single-tenant building offers a strong foundation for a successful restaurant venture. The surrounding area is anchored by established businesses such as Wingstop, Verizon, Papa John's, and Wendy's, creating a vibrant commercial environment. This presents a unique opportunity for a restaurant operator seeking a well-maintained space in a high-traffic location. Both lease and sale options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $628,656

  6.5%

  $580,298

  7%

  $538,848

• Comparable approach

  Method

  Valuation

  Relative Method

  $873,234

  Geo Method

  $873,234

• Alternative Use

  Use

  Valuation

  Residential

  $489,503

  Hospitality

  $448,382

  Educational

  $373,049

  Medical

  $385,878

  Retail

  $580,298

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6225

Longitude

-98.4207

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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