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    106 Red River Expy Burkburnett, TX 76354

    For Sale
    Contact for pricing

    One-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional one-acre commercial land parcel is strategically located at 106 S Red River Expressway in Burkburnett, Texas, zip code 76354. Zoned C/B (Commercial Business District), this property presents a unique opportunity for developers seeking a prime location for various commercial ventures. The lot size is precisely one acre, offering ample space for construction. The property's address places it directly on the Red River Expressway, ensuring high visibility and accessibility for potential businesses. Situated in Wichita County, Texas, this site benefits from the established infrastructure and community amenities of Burkburnett. The multi-tenancy permitted zoning allows for flexibility in development plans, catering to a wide range of commercial uses. This is a blank canvas for a new commercial building, offering significant potential for return on investment. The asking price is negotiable, making this an attractive proposition for discerning investors. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity. The property is ready for immediate development.

    Property Features for 106 Red River Expy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    Building Details

    Buildings
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tractor Supply Co. Animal Feed Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burkburnett
    County
    Wichita
    State
    Texas
    Longitude
    -98.5595692
    Latitude
    34.0923573

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    FAQs

    What type of property is this?
    Land - One-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 106 Red River Expy Burkburnett, TX.
    (817) 872-3904
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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
    106 Red River Expy Burkburnett, TX 76354
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