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    1601 Archer City Hwy Wichita Falls, TX 76302

    For Sale
    $899,900

    2.84 Acres Near Super Walmart

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.84-acre commercial land parcel presents a fantastic development opportunity in Wichita Falls, Texas. Located at 1601 Archer City Hwy, 76302, this property boasts a prime location near a Super Walmart, indicating high traffic volume and strong retail potential. The expansive lot size offers significant flexibility for a variety of commercial ventures, from retail establishments to light industrial uses. Its strategic positioning within Wichita County suggests excellent growth potential, making it an attractive investment for developers seeking a high-visibility location with established infrastructure. The asking price is $899,900. This property is zoned for commercial use (zoning information should be independently verified). Given its proximity to a major retailer and the overall growth prospects of the area, this land presents a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's coordinates are 33.849711 latitude and -98.4990606 longitude. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

    Property Features for 1601 Archer City Hwy

    General Information

    Property type
    Land
    Lot Size
    123,710 SF

    HighLights

    • $899,900 asking price.
    • 2.84‑acre commercial land parcel.
    • Located at 1601 Archer City Hwy, Wichita Falls, TX 76302.
    • Development opportunity near a Super Walmart.
    • Excellent growth potential.
    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 Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.4990606
    Latitude
    33.849711

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    FAQs

    What type of property is this?
    Land - 2.84 Acres Near Super Walmart
    Where is this land located?
    The property is located at 1601 Archer City Hwy Wichita Falls, TX.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: $899,900 asking price.; 2.84-acre commercial land parcel.; Located at 1601 Archer City Hwy, Wichita Falls, TX 76302.
    (940) 691-7355
    Request Owner's contact information
    1601 Archer City Hwy Wichita Falls, TX 76302
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    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
    1601 Archer City Hwy Wichita Falls, TX 76302
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