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1302 NW 47th St. 1308 NW 47th St

5,600 SF Retail Building Lawton, OK 73505 $525,000 ($94/SF) 9% Cap Rate

Executive Summary

Recently renovated building that was built to suit for a pet grooming and supplies retail store. This operator is well established and has run a successful business for years. Located just south of NW Cache Rd., next to Lowes, Arvest Bank and KFC.
1 block south of NW Cache Rd. on NW 47th St.

Financial Summary (Actual - 2018)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $47,250 $8.44

Financial Summary (Actual - 2018)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $47,250
Annual Per SF $8.44

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,600 SF
Building Class
C
Year Built
1967
Price
$525,000
Price Per SF
$94
Cap Rate
9%
NOI
$47,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.79 AC
Zoning
C-5

Nearby Major Retailers

Billy Sims BBQ
IHOP
Olive Garden Italian Rstrnt
Surf City Squeeze
Blimpie
Planet Fitness
Starbucks
Texas Roadhouse
Kobe Ichiban
Navy Federal Credit Union

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0026907
Land Assessment
$14,212 (2023)
Improvements Assessment
$16,781 (2023)
Total Assessment
$30,993 (2023)
  • Listing ID: 3647425

  • Date on Market: 11/6/2015

  • Last Updated:

  • Address: 1308 NW 47th St, Lawton, OK 73505

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