701 F AveLawton, OK 73501

Property Details for 701 F Ave

Year built

1972

Lot size

0.34 AC

Property size (Sq ft)

5,146 SF

Property type

Office buildings

APN

16116

APU

16116

Description

This exceptional 5,146 square foot traditional office building is ideally situated in the heart of downtown Lawton, Oklahoma. Its prime location offers easy access to the Comanche County Courthouse, FISTA (Fort Sill Intelligence and Security Training Area), and a vibrant array of shopping and dining options. The property boasts a recently remodeled kitchen (2020) and restrooms (2023), ensuring modern functionality and appeal. Significant improvements have also been made to the building's infrastructure, including a complete roof replacement in 2022 and the replacement of two out of three HVAC units in 2023. This demonstrates a commitment to maintaining the building's high standards and minimizing future maintenance costs. The 0.52-acre lot provides ample space and potential for future expansion or development. Offered at $420,000, this represents a compelling price per square foot of $81.62, making it an attractive investment opportunity in a thriving Oklahoma market. The property's strategic location and recent renovations make it an ideal choice for a variety of businesses seeking a well-maintained and conveniently located office space in Lawton, Oklahoma. The address is 701 SW F Ave, Lawton, OK 73501.

• CAP approach

  CAP return

  Valuation

  6%

  $865,101

  6.5%

  $798,554

  7%

  $741,515

• Comparable approach

  Method

  Valuation

  Relative Method

  $619,167

  Geo Method

  $619,167

• Alternative Use

  Use

  Valuation

  Residential

  $990,207

  Hospitality

  $907,025

  Educational

  $754,634

  Medical

  $780,587

  Retail

  $1,173,875

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6021

Longitude

-98.3988

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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