110 Lee BlvdLawton, OK 73501

Property Details for 110 Lee Blvd

Year built

1963

Construction

BRICK

Lot size

0.77 AC

Property size (Sq ft)

2,700 SF

Property type

Grocery and convenience stores

APN

37853

APU

37853

Description

This exceptional retail investment opportunity encompasses a 2.52-acre hard corner lot situated at the signalized intersection of SW Lee Blvd and 2nd St in Lawton, Oklahoma. The property boasts 380 feet of frontage on SW Lee Blvd, a major thoroughfare with a high volume of daily traffic (16,089 vehicles per day), and is conveniently located just half a mile from Interstate 44, ensuring excellent visibility and accessibility. The 6,090-square-foot property includes three buildings currently operating at 100% occupancy. The versatile zoning (I-3) allows for a variety of uses, including convenience store, gas station, quick-service restaurant (QSR), and retail operations. Built in 1963, this single-story property offers ample parking and easy access for customers. The asking price is $1,299,999. This prime location benefits from proximity to numerous established businesses, including Kasey's Tire & Auto, Tu Familia Mexican Restaurant, Gerber Collision & Glass, Sutherland's, KO Storage, AquaMarine, Central Mall, Fista Innovation Park, Diamondback Harley Davidson, and the Comanche Nation Casino. The property's strategic location and high traffic count make it an ideal investment for a variety of commercial ventures. The parcel number is 160037853, 160037854.

• CAP approach

  CAP return

  Valuation

  6%

  $667,265

  6.5%

  $615,937

  7%

  $571,941

• Comparable approach

  Method

  Valuation

  Relative Method

  $818,657

  Geo Method

  $818,657

• Alternative Use

  Use

  Valuation

  Residential

  $519,566

  Hospitality

  $475,919

  Educational

  $395,959

  Medical

  $409,577

  Retail

  $615,937

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.5937

Longitude

-98.39

CBSA code

30020

CBSA name

LAWTON, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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