Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    6317 Seymour Rd Wichita Falls, TX 76309

    • Land
    • 3.38 lot acres
    For Sale
    View listing
    $1,766,793
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6317 Seymour Rd

    Lot size
    3.38 lot acres
    Property type
    Land

    Description

    This exceptional 3.38-acre commercial pad site in Wichita Falls, Texas, is offered at $1,766,793 ($12/sq ft). Located at 6317 Seymour Rd, 76309, this property boasts high visibility and convenient access via curb cuts on both Seymour Road and the Kell access road. Utilities are readily available on-site. The location offers significant advantages, situated next to the entrance of the new super Memorial High School, ensuring high traffic volume and excellent exposure. Its generous size and prime location make it ideal for a variety of commercial uses, including fast-food restaurants, major retailers, or indoor dining establishments. The property is zoned GC, providing flexibility for development. This unique opportunity presents a compelling investment prospect in a rapidly growing area. The land is ready for immediate development, presenting a significant advantage for businesses seeking a strategic location with high visibility and accessibility. Don't miss this chance to secure a premier commercial property in a thriving Texas market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.5958
    Latitude
    33.8723

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      2715 Sherman Rd

      Land • 0.17 Acres
      2715 Sherman Rd, Wichita Falls, TX 76309
      View Details
    • Value Estimation by Request
      0.34 Acres

      4218 Canyon Trails Dr

      Land • 0.34 Acres
      4218 Canyon Trails Dr, Wichita Falls, TX 76309
      View Details
    • Value Estimation
      $295,000
      1,610 SF

      1100 Tyler St

      COMMERCIAL (GENERAL) • 1,610 SF
      1100 Tyler St, Wichita Falls, TX 76309-2562
      View Details
    • Value Estimation
      $645,000
      45,000 SF

      4401 Seymour Hwy

      COMMERCIAL (GENERAL) • 45,000 SF
      4401 Seymour Hwy, Wichita Falls, TX 76309-2703
      View Details
    • Value Estimation
      $310,000
      80.81 Acres

      4000 Seymour Rd

      COMMERCIAL (GENERAL) • 80.81 Acres
      4000 Seymour Rd, Wichita Falls, TX 76309-2805
      View Details
    • Value Estimation
      $280,000
      3,000 SF

      3610 Seymour Hwy

      COMMERCIAL (GENERAL) • 3,000 SF
      3610 Seymour Hwy, Wichita Falls, TX 76309
      View Details

    Similar Nearby for Sale

    • $1,766,793
      3.38 Acres

      Kell/Seymour Road Prime Pad Site

      Wichita Falls, TX commercial land
      6317 Seymour Rd, Wichita Falls, TX 76309
      View Details
    • $425,000
      7.89 Acres

      Wichita Falls Acreage For Sale

      7.89 acres suitable for grocery/gas, divisible.
      4610 Seymour Hwy, Wichita Falls, TX 76309
      View Details
    • $672,888

      73.14 Acre Multi-Use Ranch

      73.14 acre ranch with horse boarding facilities and wooded trails.
      4812 Seymour Hwy, Wichita Falls, TX 76309
      View Details
    • Contact for pricing
      0.04 Acres

      Land For Business - Wichita Falls

      Unimproved land suitable for business near Highway 277.
      3213 Avenue T, Wichita Falls, TX 76309
      View Details
    • $100,000
      0.17 Acres

      Wichita Falls Income Property

      Two-bedroom, one-bath unit, currently leased for $1,000 per month.
      3112 Avenue R, Wichita Falls, TX 76309
      View Details
    • $80,000
      0.14 Acres

      Wichita Falls Home For Sale

      Two bedroom, one bathroom home currently rented in Wichita Falls.
      1607 Bell St, Wichita Falls, TX 76309
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      4,602 SF

      Retail Space on Busy Street

      Commercial retail space for rent on a busy street.
      2100 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    • $5,000 /Mo
      14,985 SF

      Retail Space on Busy Street

      Retail space for rent on a busy street, build to suit.
      2100 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    • $2,500 /Mo
      3,050 SF

      Wichita Falls Commercial Space

      Commercial space with private rooms, suitable for various businesses.
      1104 11Th St, Wichita Falls, TX 76309
      View Details
    • New
      $850 /Mo
      1,064 SF

      Office Building in Wichita Falls

      Office space for rent in Wichita Falls, Texas, 1064 square feet.
      1805 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    • New
      $2,495 /Mo
      2,856 SF

      Versatile Commercial Space For Lease

      Customizable commercial property suitable for office, retail, or professional services.
      2407 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6317 Seymour Rd
    Wichita Falls, TX 76309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.