4700 Gregg Rd Wichita Falls, TX 76310
This exceptional 42.79-acre parcel presents a unique investment opportunity in Wichita Falls, Texas. Strategically located at the intersection of S.W. Pkwy and Gregg Rd, this property boasts significant frontage along both major thoroughfares: 1767.02 feet on FM 369/SW Pkwy and 825.37 feet on Gregg Rd. This high visibility location offers unparalleled exposure for any commercial development. The property is zoned for both commercial and residential use, providing flexibility for a wide range of development projects. Its proximity to Memorial Stadium and a thriving residential area further enhances its appeal. The land is sold "as is" and "surface only." Potential buyers are responsible for conducting their own due diligence, including verifying zoning regulations and planning requirements to ensure feasibility for their intended use. The property is ideal for developers seeking a large-scale project in a rapidly growing area. Bids are due no later than 2:00 PM on January 7, 2025. Interested parties can register to bid via the provided online portal: [https://wfisd.ionwave.net/SourcingEvents.aspx?S](https://wfisd.ionwave.net/SourcingEvents.aspx?S) (Note: This link is provided as is and its functionality is not guaranteed). The asking price for this significant land parcel is $750,000. Don't miss this chance to acquire a prime piece of real estate in a dynamic Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.