2309 Lee BlvdLawton, OK 73505

  • Retail space
  • 27,040 SF
For Lease
$10/SF/YR View listing

Property Details for 2309 Lee Blvd

Year built
1975
Lot size
2.14 AC
Property size (Sq ft)
27,040 SF
Property type
Retail space
APN
26987
APU
26987

Description

This exceptional 37,084-square-foot single-tenant executive office and retail building, located at 2309 SW Lee Blvd in Lawton, Oklahoma, presents a unique leasing opportunity. Built in 1975 and extensively renovated in 2016, the property boasts a new roof and parking lot. The building's layout is highly adaptable, featuring 27,213 square feet of ground floor space, complemented by 7,282 square feet and 2,762 square feet of space on the upper west and east sides, respectively. Suite 7, situated upstairs, offers the potential for division into two separate suites, depending on tenant needs. The property is zoned I-1 and is ideally suited for a large, single-use tenant such as a call center or defense contractor. The landlord is open to considering space division based on the specific use and lease terms. Strategically located near the intersection of SW Sheridan and SW Lee Blvd, between Goodyear and Interstate 44, this property offers excellent visibility and accessibility. Comanche County location and 73505 zip code.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,287,366
    6.5%
    $5,803,723
    7%
    $5,389,171
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,198,701
    Geo Method
    $8,198,701
  • Alternative Use

    Use
    Valuation
    Residential
    $4,895,658
    Hospitality
    $4,484,396
    Educational
    $3,730,965
    Medical
    $3,859,278
    Retail
    $5,803,723

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.5948
Longitude
-98.4236
CBSA code
30020
CBSA name
LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,596
$46,469
$79,255
$125,724
-
$413,060
$704,488
$1,117,548

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