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Prime Commercial Development Opportunity
For Sale
$212,350

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

1.55 Acres for retail, restaurant, or service businesses.

Property SizeContact for details
Lot Size1.55 Acres
Days on Market105

Property Features for 1.55 A Tbd Lot 1 Arena Road

General Information

Standard status Active
Lot size 1.55 Acres
Property subtype Commercial

Building Details

Year Built 9999
Listing Agency: Parker Properties Real Estate
Listed By: Aimee Ashley · License #0719752
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 3 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parker Properties Real Estate

Investment Insights

Based on property information with market context.

This property offers approximately 1.55 acres of prime commercial development opportunity, situated on an 11.2-acre tract. The location provides high visibility and potential for future growth. Positioned across from Memorial High School, the property benefits from approximately 24,000 vehicles passing daily, offering exposure for retail, restaurant, or service businesses. According to TxDOT, a new access entrance is proposed to align with the new Memorial High School, enhancing accessibility and traffic flow to the site. The City of Wichita Falls imposes no impact fees. The tract offers flexible development potential and may be replatted into smaller parcels, with proposed parcel sizes available once approved by the city, allowing investors or developers to secure individual sites tailored to their needs. Alternatively, the entire parcel can be purchased and developed into a shopping center, retail strip, or mixed commercial development to serve the rapidly growing surrounding area. With strong traffic counts, proximity to schools, and future access improvements planned, this property presents an exceptional opportunity for developers, investors, and businesses seeking a high-growth commercial location.

Key Highlights

  • High traffic count of approximately 24,000 vehicles passing daily, providing outstanding exposure.
  • Prime commercial development opportunity on 1.55 acres within an 11.2‑acre tract.
  • Proposed new TxDOT access entrance aligning with Memorial High School, enhancing accessibility.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Law Firm Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 76310, TX

20,204
Population
8,450
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
95%
High-School Grad
170.3 sq mi
ZIP Area
119
Density / Sq Mi
$83,610
Median Household Income
$46,428
Median Earnings
$1,005
Median Rent
$201,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.55 Acres for retail, restaurant, or service businesses.
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: High traffic count of approximately 24,000 vehicles passing daily, providing outstanding exposure.; Prime commercial development opportunity on 1.55 acres within an 11.2‑acre tract.; Proposed new TxDOT access entrance aligning with Memorial High School, enhancing accessibility.
More about this property
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