Versatile Restaurant and Retail
For Sale
$325,000
3900 SHEPPARD ACCESS ROAD, Wichita Falls, TX 76306
Versatile commercial building on a high-visibility site just outside Sheppard Air Force Base, suited for restaurant and service uses.
Property Size2,509 SF
Lot Size1.21 Acres
Price / SF$129.53
Days on Market33
Property Features for 3900 SHEPPARD ACCESS ROAD
General Information
Standard status
Active
Size
2,509 SF
Lot size
1.21 Acres
Property subtype
Restaurant
Building Details
Building Size
2,509 SF
Buildings
1
Listing Agency:
RE/MAX ELITE GROUP
(940) 733-3376
Listed By:
DANA ROSS GENTRY · License #0668846
(940) 733-3376
Source:
Bishoprealtors
Added: Jun 28
Changed: Jul 30
Last Checked: Jul 30 at 3:16AM
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 RE/MAX ELITE GROUP
Investment Insights
Based on property information with market context.
Versatile commercial building totaling 2,509 SF, situated on a 1.21-acre site just outside of Sheppard Air Force Base. The property is positioned for strong visibility with thousands of vehicles passing by daily, supporting a range of retail and customer-facing concepts.
The space is described as suitable for restaurants and fast food, as well as retail stores, nail salons, and medical or professional services. The building is offered with the option for sale or lease, supporting both new business formation and expansion.
With its combination of flexible use potential and prominent exposure near a major employment and traffic draw, this property is a strong fit for operators seeking a dedicated facility on a high-visibility commercial site.
The space is described as suitable for restaurants and fast food, as well as retail stores, nail salons, and medical or professional services. The building is offered with the option for sale or lease, supporting both new business formation and expansion.
With its combination of flexible use potential and prominent exposure near a major employment and traffic draw, this property is a strong fit for operators seeking a dedicated facility on a high-visibility commercial site.
Key Highlights
- 2,509 SF commercial building
- 1.21‑acre site
- High‑visibility location just outside Sheppard Air Force Base
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $18.00 |
| − Vacancy | −$4.7k | −$1.85 |
| EGI | $40.5k | $16.15 |
| − OpEx | −$12.2k | −$4.84 |
| NOI | $28.4k | $11.30 |
2,509 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$504.5K
$441.5K – $588.6K
NOI $35,317 @ 7.0% cap · market cap 10.87%
Second Best
Retail
$405.1K
$354.5K – $472.6K
NOI $28,357 @ 7.0% cap · market cap 8.73%
Theoretical Best
Warehouse
$2.99M
$2.62M – $3.49M
NOI $209,603 @ 7.0% cap · market cap 64.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
46k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 40%
McDonald's
Dining
16,031 visits/mo
0.1 miles
Dollar General
Shops & Services
7,807 visits/mo
0.3 miles
Stripes
Shops & Services
7,300 visits/mo
0.1 miles
SONIC Drive In
Dining
6,103 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,414 visits/mo
0.2 miles
Demographics for 76306, TX
14,664
Population
6,529
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
17.1 sq mi
ZIP Area
858
Density / Sq Mi
$47,004
Median Household Income
$35,005
Median Earnings
$884
Median Rent
$105,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Versatile commercial building on a high-visibility site just outside Sheppard Air Force Base, suited for restaurant and service uses.
Where is this conventional restaurant located?
The property is located at 3900 SHEPPARD ACCESS ROAD Wichita Falls, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,509 SF commercial building; 1.21‑acre site; High‑visibility location just outside Sheppard Air Force Base
