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    1622 Archer City Hwy Wichita Falls, TX 76302

    For Sale
    Contact for pricing

    Prime 0.92-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.92-acre commercial land parcel presents a unique investment opportunity in Wichita Falls, Texas. Located at 1622 Archer City Hwy, Wichita Falls, TX 76302, this property is zoned GC - General Commercial, offering considerable flexibility for a variety of commercial developments. The expansive lot size provides ample space for construction, allowing for significant building potential. The property's strategic location within Wichita Falls ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving market. With its convenient access to major roadways and a diverse local economy, this land offers a compelling proposition for entrepreneurs and investors alike. The single building permitted on the site allows for a focused development plan. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The asking price is $0, and further details regarding the sale are available upon request. This is a multi-tenancy property, suitable for a variety of commercial uses. The property is situated in Wichita County, Texas, and its coordinates are 33.849277 latitude and -98.501458 longitude.

    Property Features for 1622 Archer City Hwy

    General Information

    Property type
    Land
    Lot Size
    40,075 SF

    Building Details

    Buildings
    1

    HighLights

    • 0.92‑acre commercial land parcel in Wichita Falls, TX.
    • Zoned GC (General Commercial), allowing for diverse development options.
    • Located at 1622 Archer City Hwy, Wichita Falls, TX 76302.
    • High visibility and accessibility due to strategic location.
    • Permits a single building, simplifying development.
    • Multi‑tenancy property suitable for various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.501458
    Latitude
    33.849277

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    FAQs

    What type of property is this?
    Land - Prime 0.92-acre commercial lot.
    Where is this land located?
    The property is located at 1622 Archer City Hwy Wichita Falls, TX.
    What are key features of this property?
    This property features: 0.92-acre commercial land parcel in Wichita Falls, TX.; Zoned GC (General Commercial), allowing for diverse development options.; Located at 1622 Archer City 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
    1622 Archer City Hwy Wichita Falls, TX 76302
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