# 102 SW 11th St, Lawton, OK 73501

> **TL;DR:** commercial, $895,000 ($41/sqft), built 1972, 22,080 sqft. Est. $3,878/mo. Listed 221 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Price/sqft | $41 |
| Square Feet | 22,080 |
| Year Built | 1972 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 221 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,878 |
| **Total** | **$3,878** |

## Property Highlights

- Built in 1972

## Description

### Agent Description
102 SW 11th, Lawton, Oklahoma (22,080 SF, leased at $5,750/month, and with electrical completely updated, plumbing updated, freshly painted interior in two suites, roof 2 years old, all new HVAC updated, services, LED lighting installed with panels throughout the entire building, new garage door on loading deck. Stainless steel kitchen equipment installed in one smaller suite, with newly updated bathroom, doors, flooring, fresh paint, wall mounted tv and tables, chairs to accommodate tenant needs. 135 Parking spaces. Key data: Current lease income: $5,750/month ? $69,000/year. Size: 22,080 SF ' means current rent averages about $3L12/SF/year ( $69,000 - 22,080 ). Under rented based on community need to support a highly impactful program, Salvation Army. Market data: For commercial properties in Lawton: Retail cap-rates range roughly from -5.5% to 13% in the market. For the broader city all-property average cap rate cited at -8.37%. Improvements made with electrical, roof, EVAC reduce risk/investment required and allow for higher rent. Valuation scenarios: Using the cap-rate method (Value = Net Operating Income + Cap Rate). Assume some modest expense allowance; Simply use NOI - $69,000 (pretending expenses are modest) to give a range. At a 8% cap rate (consistent with the -8.4% market average) ? Value $69,000 ~ 0.08 = $862,500. Which does not consider the vacant suite which can generate an estimate $2500-3000 per month, increasing CAP.

## Location

- **Address:** 102 SW 11th St, Lawton, OK 73501
- **Coordinates:** 34.6071511, -98.403722
- **Google Maps:** https://www.google.com/maps?q=34.6071511,-98.403722

## Listing Agent

- **Name:** Brenda Spencer-Ragland
- **Brokerage:** NextHome Tri-Covenant Realty
- **Phone:** 5806997653
- **Email:** Brenda@nexthometcr.com

## Primary Photo

![102 SW 11th St - Primary Photo](http://lh.rdcpix.com/9d502047c5b99fd3260c896910b2ad7fl-f3030392303r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/102-sw-11th-st-lawton-ok-73501-e281077)*

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**MLS#:** 169990 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/102-sw-11th-st-lawton-ok-73501-e281077)

---

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