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305 NW Sheridan Rd
Lawton, OK 73505
Singleton Office Center · Office Property For Sale
Investment Highlights
- Heavy Traffic
- Ample Parking
- Excellent Signage
- Frontage on Main Thoroughfare
Executive Summary
Available for purchase at $425,000. Turnkey Investment property with 4 units located on NW Sheridan Rd, a highly trafficked thoroughfare in Lawton, Oklahoma. Good access and visibility. Highest and best use is retail &/or office space. Excellent signage. Lots of parking spaces. 19,650 VPD. Centrally located with proximity to commercial neighbors including Sam's Club, Walmart, Hobby Lobby, Braum's (New Construction), Raising Cane's, Panera Bread, Walgreens, Cameron University, and Comanche County Memorial Hospital. Minutes from Ft. Sill.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,421 SF
Building Class
C
Year Built
1997
Price
$424,999
Price Per SF
$96.13
Cap Rate
9.50%
NOI
$40,368
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,421 SF
Building FAR
0.32
Lot Size
0.32 AC
Zoning
P-0 - Professional-Office
Parking
14 Spaces (4.07 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Central Heating
- Fully Carpeted
- Air Conditioning
Property Taxes
| Parcel Number | 0024256 | Improvements Assessment | $40,841 |
| Land Assessment | $12,600 | Total Assessment | $53,441 |
Property Taxes
Parcel Number
0024256
Land Assessment
$12,600
Improvements Assessment
$40,841
Total Assessment
$53,441
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