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    2606 Southwest Pkwy Wichita Falls, TX 76308

    For Sale
    $2,345,400

    Prime 5.37-acre commercial lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 5.37-acre commercial land parcel, located at 2606 Southwest Pkwy, Wichita Falls, Texas 76308, presents a unique development opportunity. Zoned GC, this level lot boasts existing utilities and some parking lot lighting, significantly reducing infrastructure costs. Previously occupied by a church, the site is well-suited for a variety of commercial uses. Its convenient location in Wichita County offers easy access to major roadways and amenities. The property's flat terrain simplifies construction, making it ideal for immediate development. The 5.37-acre lot also allows for potential subdivision, increasing its versatility and investment potential. Priced competitively at $10.00 per square foot, this property represents an excellent value for developers seeking a readily-accessible, utility-rich site in a thriving Texas market. All utilities are on-site, and the property is ready for immediate development. This is a rare opportunity to acquire a well-situated, fully-serviced commercial lot in a desirable location.

    Property Features for 2606 Southwest Pkwy

    General Information

    Property type
    Land
    Lot Size
    233,917 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing 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
    -98.524944
    Latitude
    33.8584584

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    FAQs

    What type of property is this?
    Land - Prime 5.37-acre commercial lot, ready for development.
    Where is this land located?
    The property is located at 2606 Southwest Pkwy Wichita Falls, TX.
    What is the asking price?
    The asking price for this property is $2,345,400.
    (940) 733-2279
    Request Owner's contact information
    2606 Southwest Pkwy Wichita Falls, TX 76308
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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
    2606 Southwest Pkwy Wichita Falls, TX 76308
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