Lawton, OK
Commercial Real Estate Market Trends & Data

$127 Avg asking sale price
$298 Avg asking lease rate
19,687 SF Avg unit lease size
14,494 SF Avg building size for sale
7.04% Average cap rate

Lawton's Demographic Profile

Lawton has 35,523 households and a median income of $46,117, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 95,055
# Households 35,523
Median age 34
Median household income $46,117
Avg household size 2.0
Renter-occupied housing units 19,497
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lawton, OK

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lawton $153 5,274 SF 9.23%
Anadarko $129 6,806 SF 8.34%
Duncan $50 6,312 SF 7.00%
Chickasha $139 8,130 SF 9.22%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lawton $131 21,521 SF 6.00%
Cyril $50 44,000 SF 10.63%
Nearby Retail Markets Avg Cost/SF Typical Size
Lawton $138 11,724 SF
Elgin $169 24,866 SF
Fletcher $139 714 SF
Cement $35 3,555 SF
Carnegie $16 3,837 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lawton $99 18,700 SF 7.40%
Anadarko $101 40,808 SF 7.19%
Wichita Falls $65 26,745 SF 7.05%

Commercial Properties For Sale in Lawton

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2101 NW Ferris Ave

Lawton, OK 73507

  • 1,400 SF Office Building
  • 9.23% Cap Rate
  • $260,000
For Sale

2307 SW I Ave

Lawton, OK 73505

  • 3,540 SF Industrial Building
  • $199,000
For Sale

810-812 SE 3rd St

Lawton, OK 73501

  • 14,315 SF Flex Building
  • $800,000
For Sale

106 SW Lee Blvd

Lawton, OK 73501

  • 2,700 SF Retail Building
  • $1,100,000
For Sale

3001 NE Cache Rd

Lawton, OK 73507

  • 17.86 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

506 NE Flower Mound Road

Lawton, OK 73507

  • 9.14 AC Lot
  • 1 Commercial Lot
  • $339,432

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lawton pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lawton $127 14,494 SF
Medicine Park $171 5,896 SF
Elgin $187 10,969 SF

Regional Demographic Comparison

This comparison places Lawton alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lawton or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lawton 95,055 35,523 34 $46,117 2 19,497 3%
Medicine Park 156 64 48 $120,312 2 11 -6%
Elgin 2,880 1,003 34 $51,250 3 317 2%
Cache 2,807 1,022 36 $58,209 3 304 -1%
Faxon 179 68 38 $77,206 3 14 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lawton, OK and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lawton

View All Commercial Real Estate For Sale in Lawton
Is Lawton a good market for a first-time commercial real estate investor?

Lawton offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lawton?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lawton. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lawton?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lawton. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lawton compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lawton. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lawton acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lawton, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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