Commercial Development
2.55 A TBD Lot 5 Arena Road Wichita Falls, TX 76310
2.55 A TBD Lot 5 Arena Road, Wichita Falls, TX, 76310
$349,350
For Sale
$349,350
SINGLE_FAMILY - Wichita Falls, TX
Lot Size2.55 Acres
Days on Market54
Property Features for 2.55 A TBD Lot 5 Arena Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Property condition
- Under Construction
- Standard status
- Active
- APN
- 480249
- Lot size
- 2.55 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
(940) 627-9040
Decatur, TX
Listed by
Aimee Ashley · License #0719752
(940) 627-9040
Added: May 26 Checked: Jul 18 at 6:06 pm
MLS# 21238987
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 listing offers approximately 2.55 acres of commercial development land positioned for visibility and future growth, with flexible configuration options for investors and operators. The seller indicates the property can potentially be replatted into smaller parcels for individual purchase, or developed as a unified site for a retail shopping center, retail strip, or mixed commercial use. The City of Wichita Falls also imposes no impact fees, supporting straightforward project planning.
The property is located across from Memorial High School and is described as benefiting from approximately 24,000 vehicles passing daily, creating consistent exposure for retail, restaurant, or service concepts. In addition, TxDOT has proposed a new access entrance designed to align with the new Memorial High School, which may improve accessibility and traffic flow to the site.
For tenants, buyers, and developers looking for a high-growth commercial location, this parcel provides practical flexibility. Smaller-tract planning may suit business operators seeking smaller footprints, while an opportunity to assemble the entire parcel may appeal to developers pursuing a larger retail or mixed-use strategy. Proposed parcel sizes are expected to be finalized through city approval.
The property is located across from Memorial High School and is described as benefiting from approximately 24,000 vehicles passing daily, creating consistent exposure for retail, restaurant, or service concepts. In addition, TxDOT has proposed a new access entrance designed to align with the new Memorial High School, which may improve accessibility and traffic flow to the site.
For tenants, buyers, and developers looking for a high-growth commercial location, this parcel provides practical flexibility. Smaller-tract planning may suit business operators seeking smaller footprints, while an opportunity to assemble the entire parcel may appeal to developers pursuing a larger retail or mixed-use strategy. Proposed parcel sizes are expected to be finalized through city approval.
Key Highlights
- Under construction commercial development opportunity on approx 11.2 acres (approx 2.55 acres per tract shown)
- Located across from Memorial High School with approx 24,000 vehicles passing daily for retail, restaurant, or service exposure
- TxDOT proposed a new access entrance aligned with the new Memorial High School to improve site accessibility and traffic flow
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - High-visibility development site across from Memorial High School with strong daily traffic and proposed new access alignment.
Where is this commercial land located?
The property is located at 2.55 A TBD Lot 5 Arena Road Wichita Falls, TX.
What is the asking price?
The asking price for this property is $349,350.
What are key features of this property?
This property features: Under construction commercial development opportunity on approx 11.2 acres (approx 2.55 acres per tract shown); Located across from Memorial High School with approx 24,000 vehicles passing daily for retail, restaurant, or service exposure; TxDOT proposed a new access entrance aligned with the new Memorial High School to improve site accessibility and traffic flow