Lawton, Oklahoma Commercial Real Estate 1 Listing

Lawton, Oklahoma: A Premier Destination for Commercial Real Estate

Introduction

Lawton, Oklahoma, is a growing hub for commercial real estate (CRE) investment, offering a dynamic blend of economic activities and strategic location advantages. With a population of approximately 94,000, Lawton is the fifth-largest city in Oklahoma and serves as a regional economic center. The city boasts a diverse economy, including military, healthcare, and manufacturing sectors, which drive demand for various commercial property types. Its unique positioning near Fort Sill Army Base and a robust transportation network make Lawton an attractive destination for CRE investors and developers.

Economic and Industry Overview

Lawton's economy is anchored by several key industries, including:

Military: Fort Sill, a major U.S. Army installation, significantly influences the local economy, driving demand for retail and multifamily properties.
Healthcare: The presence of Comanche County Memorial Hospital and other medical facilities boosts the need for medical office spaces.
Manufacturing: Lawton hosts several manufacturing companies, which support industrial real estate demand.

The Lawton Economic Development Corporation actively promotes initiatives to enhance the city's economic growth and CRE opportunities.

Strategic Location and Transportation Infrastructure

Lawton's strategic location is complemented by its comprehensive transportation infrastructure:

Highways: The city is served by Interstate 44 and U.S. Highways 62, 277, and 281, providing excellent connectivity for logistics and distribution.
Airports: Lawton-Fort Sill Regional Airport offers commercial flights and cargo services, enhancing regional and national accessibility.
Rail: The Union Pacific Railroad serves the area, facilitating efficient freight movement.

For more detailed transportation information, visit the Oklahoma Department of Transportation.

Commercial Real Estate Inventory & Zoning

Lawton's CRE market is characterized by several submarkets:

Central Business District (CBD): Focused on office and retail space, catering to local businesses and services.
Industrial Corridors: Located near highways, offering ample space for manufacturing and warehousing.
Innovation Districts: Emerging areas for tech and research-driven enterprises.

Significant zoning changes and incentives, such as Opportunity Zones, are available to developers. For zoning maps and parcel viewers, visit the City of Lawton's Zoning Department.

Major Employers and Institutions

Key employers and institutions driving CRE demand in Lawton include:

Fort Sill: A primary economic driver with significant employment.
Comanche County Memorial Hospital: A leading healthcare provider.
Cameron University: Contributing to educational and office space needs.

Explore the Lawton Economic Development Corporation for a comprehensive business directory.

Notable Commercial Developments & Projects

Lawton is witnessing several large-scale projects:

Mixed-use Developments: Integrating residential, retail, and office spaces to create vibrant communities.
Innovation Parks: Fostering collaboration between tech companies and research institutions.

For planning department and approved site maps, visit the City of Lawton Planning Department.

Building Permits, Planning, and Development Tools

Access essential development tools through the following resources:

Market Data & Economic Reports

Leverage public data sets for market insights:

Brevitas utilizes AI-powered aggregation from public data and internal insights. Explore our Brevitas-powered dashboards for Lawton's CRE market here.