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Commercial Development Land

1.55 A TBD Lot 1 Arena Road Wichita Falls, TX 76310

1.55 A TBD Lot 1 Arena Road, Wichita Falls, TX, 76310
$212,350
For Sale
$212,350

SINGLE_FAMILY - Wichita Falls, TX

Lot Size1.55 Acres
Days on Market76

Property Features for 1.55 A TBD Lot 1 Arena Road

General Information

Property type
Residential
Property subtype
Retail
Property condition
Under Construction
Standard status
Active
APN
480249
Lot size
1.55 Acres

Taxes and HOA fees

Tax Description
19.11 AC A-S 568 & 30
Tax Annual Amount
4220

Building Details

Floors in Building
1
Listing Agency Parker Properties Real Estate
Decatur, TX
Listed by Aimee Ashley · License #0719752
Added: May 5 Checked: Jul 19 at 1:06 am
MLS# 21238881

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering provides approximately 1.55 acres of commercial development land with flexible buildout options. The property may be developed as a single site or replatted into smaller parcels, with potential individual tract purchases dependent on city approval and available proposed parcel sizes. Alternatively, the entire parcel may be purchased for a larger commercial development such as a shopping center, retail strip, or mixed commercial project.

The tract is positioned for visibility and future growth, with approximately 24,000 vehicles passing daily according to the provided remarks. Additional adjoining tracts are available across from Memorial High School, and a TxDOT-proposed new access entrance aligned with the new Memorial High School is intended to support improved accessibility and traffic flow.

The combination of daily traffic, school-area proximity, and planned access improvements makes this land a practical fit for developers and investors evaluating retail-oriented or service-oriented uses. It also offers flexibility for operators or investors seeking the ability to tailor parcel sizes to their needs after city review, while benefiting from the note that the City of Wichita Falls imposes no impact fees.

Key Highlights

  • Approximately 1.55‑acre commercial development opportunity on an 11.2‑acre tract
  • Located across from Memorial High School with adjoining tracts available
  • Road frontage traffic count of approximately 24,000 vehicles passing daily

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Building Supply Electrical Service Auto Repair Shop Law Firm Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - High-visibility development tract with proposed access improvements and strong daily traffic for retail, restaurant, or service concepts.
Where is this commercial land located?
The property is located at 1.55 A TBD Lot 1 Arena Road Wichita Falls, TX.
What is the asking price?
The asking price for this property is $212,350.
What are key features of this property?
This property features: Approximately 1.55‑acre commercial development opportunity on an 11.2‑acre tract; Located across from Memorial High School with adjoining tracts available; Road frontage traffic count of approximately 24,000 vehicles passing daily
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More about this property
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