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    2716 Commerce St Wichita Falls, TX 76301

    Sponsored
    For Lease
    $6 SF/Yr ($14,355 /Mo)

    Spacious warehouse, excellent highway access.

    Lot size:
    28,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 2716 Commerce Street in Wichita Falls, Texas, offers 28,710 square feet of warehouse and office space in a single-tenant configuration. The building, constructed in 1982, sits on a three-acre lot within a business park, strategically positioned at the intersection of Highway 287 and Highway 79. This prime location ensures superb accessibility for large trucks, a significant advantage for logistics and distribution businesses. The warehouse itself boasts a generous 20,000 square feet of space, complemented by two office buildings totaling 8,710 square feet (4,800 sf and 3,910 sf). Loading and unloading are facilitated by one grade-level door and three dock-high doors. The expansive three-acre lot provides ample room for yard space and potential future expansion. The property is currently vacant and move-in ready, presenting a unique opportunity for immediate occupancy. The lease type is triple net. The property's zip code is 76301, and it is situated in Wichita County.

    Property Features for 2716 Commerce St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,710 SF
    Total Rate
    14355

    Unit(s) available at that property

    Space
    Available Space
    Size
    28,710 SF
    Rate per SF
    $11

    HighLights

    • 28,710 SF building.
    • 3‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Kitchen & Bath Storage Facility Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.441857
    Latitude
    33.889467

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, excellent highway access.
    Where is this distribution property located?
    The property is located at 2716 Commerce St Wichita Falls, TX.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 28,710 SF building.; 3-acre lot.;
    Request Owner's contact information
    2716 Commerce St Wichita Falls, TX 76301
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    Wichita Falls, TX 76301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2716 Commerce St Wichita Falls, TX 76301
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