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2101 NW Ferris Ave 1,400 SF Office Building Lawton, OK 73507 $260,000 ($185.71/SF) 9.23% Cap Rate
Investment Highlights
- Professional office "stand alone" building recently renovated to include paint, flooring, lighting and granite countertops.
- Well constructed brick veneer building with large windows and lots of natural light.
- Corner lot in High traffic location just 1 block from major intersection and Walgreens Walmart, Sams, ect....
Executive Summary
Commercial office building located on a corner lot in a strategic location just 1 block West of one of the busiest intersections in Lawton (Sheridan and Ferris) . Zoned C-1 with 10 parking spaces this building has just received a facelift with Fresh paint inside and out; new floor covering featuring LVP and carpeting in offices; new lighting and hardware; granite countertops and new breaker box. Floor plan features lobby; receptionist area; kitchen; 5 good size office spaces with lots of natural light, kitchen; bathroom; and 2 storage areas. lighting & hardware. front porch. Great a diverse group of tenants including professional; business or medical office. Centrally located with quick access to just about anywhere. Two HVAC systems. Walmart; Walgreens, Sams and restaurants within walking distance.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,400 SF
Building Class
C
Year Built
1970
Price
$260,000
Price Per SF
$185.71
Cap Rate
9.23%
NOI
$24,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,400 SF
Building FAR
0.25
Lot Size
0.13 AC
Zoning
C-1 - Lawton City Code: professional office use; Studio for the Academic Arts use: Medial facility use: Medical marijuana despensorary; retail w/ restrict
Parking
10 Spaces (7.14 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
- Storage Space
- Natural Light
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0031973 | Total Assessment | $16,987 (2025) |
| Land Assessment | $2,599 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $14,388 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
0031973
Land Assessment
$2,599 (2025)
Improvements Assessment
$14,388 (2025)
Total Assessment
$16,987 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Contact the Sale Advisor
2101 NW Ferris Ave