1211 Lee BlvdLawton, OK 73501

Property Details for 1211 Lee Blvd

Year built

1991

Lot size

1.21 AC

Property size (Sq ft)

4,949 SF

Property type

Drive through restaurants

APN

46052

APU

46052

Description

This exceptional Lawton, Oklahoma restaurant presents a unique owner-user opportunity. The 5,208-square-foot building, situated on a 1.13-acre lot at 1211 SW Lee Blvd, boasts a prime location on a highly visible, lighted corner in the 73501 zip code. Built in 1991 and extensively renovated in 2023, this property benefits from a C-5 zoning designation, allowing for a variety of uses. The existing drive-thru lane, ample parking, and excellent signage contribute to its high visibility and accessibility. This former quick-service restaurant, with a "fresh market" component, enjoys an average daily traffic count exceeding 20,000 vehicles. The property's size and location make it ideal for a variety of food service concepts. The asking price is $999,999. This is a turnkey operation ready for immediate occupancy. The property is located in Comanche County, Oklahoma.

• CAP approach

  CAP return

  Valuation

  6%

  $1,223,010

  6.5%

  $1,128,932

  7%

  $1,048,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,500,568

  Geo Method

  $1,500,568

• Alternative Use

  Use

  Valuation

  Residential

  $952,296

  Hospitality

  $872,298

  Educational

  $725,742

  Medical

  $750,701

  Retail

  $1,128,932

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.5949

Longitude

-98.4071

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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