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    Jacksboro Hwy Wichita Falls, TX 76302

    For Sale
    $605,000

    Prime 7-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.09-acre commercial land parcel presents a remarkable investment opportunity in Wichita Falls, Texas. Located at 0 Jacksboro Hwy, corner of Highway 79 and Jacksboro Highway, this property boasts significant frontage on two major thoroughfares, ensuring high visibility and accessibility. Currently zoned for light industrial use, the property offers considerable potential for diverse development options. The existing zoning allows for a range of industrial uses, while the possibility of rezoning for multifamily residential development opens up even more avenues for investment. Its strategic location provides unparalleled convenience and exposure, situated directly adjacent to established businesses such as Walmart, Sutherland's Home Improvement, McDonald's, Taco Bell, and Starbucks. This prime location guarantees high traffic volume and strong consumer presence, making it an attractive proposition for businesses seeking a high-impact location. The asking price for this exceptional property is $605,000. This presents a unique chance to acquire a substantial land holding in a thriving commercial area with significant upside potential. Don't miss this opportunity to secure a piece of Wichita Falls' vibrant commercial landscape. The property is located in Wichita County, Texas, zip code 76302.

    Property Features for 0 Jacksboro Hwy

    General Information

    Property type
    Land
    Lot Size
    308,840 SF

    HighLights

    • 7.09‑acre parcel available for $605,000, offering excellent highway frontage on Highway 79 and Jacksboro Highway.
    • Light industrial zoning with potential for multifamily rezoning.
    • Prime location adjacent to Walmart, Sutherland's, McDonald's, Taco Bell, and Starbucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.49437375419
    Latitude
    33.852411212829

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    FAQs

    What type of property is this?
    Land - Prime 7-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Jacksboro Hwy Wichita Falls, TX.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: 7.09-acre parcel available for $605,000, offering excellent highway frontage on Highway 79 and Jacksboro Highway.; Light industrial zoning with potential for multifamily rezoning.; Prime location adjacent to Walmart, Sutherland's, McDonald's, Taco Bell, and Starbucks.
    (940) 733-2279
    Request Owner's contact information
    Jacksboro Hwy 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
    Jacksboro Hwy Wichita Falls, TX 76302
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