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Commercial Development Land

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
Decatur, TX
Listed by Aimee Ashley · License #0719752
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.

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

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 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
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