4920 SW Lee Blvd - Medical FOR SALE


Lawton, OK 73505
$3,399,000 USD
580-215-7912
4920 SW Lee Blvd, Lawton, OK for Sale
$3,399,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

4920 SW Lee Blvd
Lawton, OK 73505


HIGHLIGHTS

  • Well-established, freestanding turnkey 14,519-square-foot medical/office opportunity with strong infrastructure and a history of reputable tenants.
  • Furniture, fixtures, and equipment will be included, opening the doors for medical offices, urgent care use, or readapting into a bank/retail space.
  • Positioned 4 miles west of Interstate 44 on a heavily traveled primary road, with high visibility from signage that faces over 17,500 vehicles a day.
  • Health-centric corridor, centrally located five minutes between two Memorial Health-owned medical centers, and 37 miles from Duncan Regional Hospital.
  • Chance to purchase an additional 1.58 acres of land (starting at $150,000) behind the building, providing a valuable opportunity for future expansion.
  • Flexibility for single- or multi-tenant use, with a small portion currently occupied by an income-generating tenant on a month-to-month sublease.

OVERVIEW

Located at 4920 SW Lee Boulevard, this well-positioned office building presents an excellent opportunity for investors or owner/users seeking strong visibility and functionality in southwest Lawton. Appraisal in October 2025 was $3,430,000.00. Situated on a 2-acre site with C-1 (General Commercial) zoning with expansion potential, the property offers flexible single-tenant or multi-tenant occupancy and benefits from a proven professional and medical occupancy history. 4920 SW Lee Boulevard was previously home to the Allergy Ear Nose and Throat Institute, and a portion of the building is currently on a month-to-month sublease, occupied by Skin Secrets Facial Plastic Surgery and Medical Spa. Uniquely constructed, this property can easily be repositioned to align with evolving market demand, including general retail or bank use. 4920 SW Lee Boulevard features 40-plus total rooms, including a conference room, full kitchen, multiple built-in workstations, a central nurse station, multiple private management offices, and two private physician offices. In addition, it features a radiology suite, a suite of medical spa rooms, consulting space, and a treatment and photography room. The office and exam areas are fully furnished and include a waiting room, a large reception area with three built-in desks, a telephone system, and a building security alarm and video monitoring system. Utilize the ADA-compliant, patient-approved elevator and build out the leak-proof, 3,100-square-foot basement (includes separate stair access) for personal or client-facing services, currently used for secure equipment and chart storage. Furthermore, extensive renovations have been completed recently, including a brand-new Class 4 roof in 2025. Enjoy low utility costs and premier amenities at 4920 SW Lee Boulevard, including a covered portico for convenient patient drop-off and a private east-side patient exit directly from the operating room area. A geothermal ground-source heat pump HVAC system services the site, which is efficiently housed in the basement. Located between Lawton’s two major medical centers, the Memorial Health North and South Campus, and 37 miles from Duncan Regional Hospital, this property thrives in a synergistic corridor. 4920 SW Lee Boulevard is a smart owner/user investment offering control, flexibility, and stability. Don’t miss the chance to take advantage of the stellar frontage on a major arterial route, convenient access, strong exposure, and proximity to surrounding medical services, retail, and residential neighborhoods.

FOR SALE DETAILS

PRICE

$3,399,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

3.48 AC

LAND SF

151,589 SF

ZONING

-

APN/PARCEL ID

0026738

ASK ABOUT THIS PROPERTY

Dale SmithAlllergy Ear Nose & Throat InstituteMore Info
580-215-7912

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Dale SmithAlllergy Ear Nose & Throat InstituteMore Info
580-215-7912

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.