1320 Homestead DrLawton, OK 73507

Property Details for 1320 Homestead Dr

Year built

1996

Property size (Sq ft)

19,160 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

44087

APU

44087

Description

This exceptional retail property at 1320 NW Homestead in Lawton, Oklahoma, 73507 offers a unique leasing opportunity. The 19,160 square foot building, constructed in 1996 and zoned C-5, features multiple tenancies ideal for a variety of businesses. Currently, there are 5,800 square feet of vacant space available, divisible into units ranging from a minimum of 2,300 square feet to a maximum contiguous space of 3,500 square feet. The property's versatile design accommodates both retail and office uses, including medical offices. Amenities include ADA-compliant bathrooms and breakrooms within each suite. A restaurant space boasts banquet rooms, perfect for group events. Ample parking is available for tenants and customers. This prime location benefits from proximity to established businesses such as Chic Nail and Spa, Mcalister's Deli, and Golden Corral, ensuring high visibility and foot traffic. This is an excellent opportunity to establish or expand your business in a thriving Lawton commercial corridor. Contact us today to learn more about leasing options and explore the potential of this versatile property.

• CAP approach

  CAP return

  Valuation

  6%

  $4,182,169

  6.5%

  $3,860,464

  7%

  $3,584,716

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,809,434

  Geo Method

  $5,809,434

• Alternative Use

  Use

  Valuation

  Residential

  $3,256,445

  Hospitality

  $2,982,886

  Educational

  $2,481,726

  Medical

  $2,567,077

  Retail

  $3,860,464

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6217

Longitude

-98.4294

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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