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    5131 Greenbriar Rd Wichita Falls, TX 76302

    For Sale
    Contact for pricing

    Prime Commercial Land, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.42-acre commercial land parcel presents a compelling investment opportunity in Wichita Falls, Texas. Located at 5131 Greenbriar Road, this property boasts a highly visible position within a busy commercial area, ensuring maximum exposure for any development. The site is zoned for mixed-use development, providing flexibility for a wide range of commercial projects, from retail establishments to restaurants or office spaces. Utilities are readily available, simplifying the development process and minimizing upfront costs. The property's strategic location in Wichita Falls, combined with its favorable zoning and high visibility, creates strong potential for a significant return on investment. The expansive lot size offers ample space for substantial construction, accommodating large-scale projects or allowing for multiple smaller developments. This is an ideal opportunity for investors seeking a prime location with excellent growth potential in a thriving Texas market. The address is 5131 Greenbriar Road, Wichita Falls, TX 76302, within Wichita County. The property's coordinates are 33.8660456 latitude and -98.4897345 longitude.

    Property Features for 5131 Greenbriar Rd

    General Information

    Property type
    Land
    Lot Size
    148,975 SF

    HighLights

    • ±3.42‑acre land parcel available for sale.
    • High‑traffic location with excellent visibility.
    • Mixed‑use zoning allows for flexible commercial development.
    • Utilities readily available on‑site.
    • Strong ROI potential due to favorable market conditions and location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Pharmacy Pharmacy Walmart Photo Center Photo Shop Walmart Business Center Office Supply Store Primo Water Refill ... Bottled Water Supplier Walmart Money Center Money Transfer Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.4897345
    Latitude
    33.8660456

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High-Traffic Location
    Where is this land located?
    The property is located at 5131 Greenbriar Rd Wichita Falls, TX.
    What are key features of this property?
    This property features: ±3.42-acre land parcel available for sale.; High-traffic location with excellent visibility.; Mixed-use zoning allows for flexible commercial development.
    Request Owner's contact information
    5131 Greenbriar Rd Wichita Falls, TX 76302
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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
    5131 Greenbriar Rd Wichita Falls, TX 76302
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