Property summary
This exceptional 20-21 acre commercial land parcel presents a remarkable investment opportunity in Wichita Falls, Texas. Strategically located at the intersection of Central E Freeway and Hemme Road (6309 Central E Fwy, zip code 76305), this property boasts significant frontage on both major thoroughfares, ensuring high visibility and accessibility. The site's General Commercial zoning allows for a wide range of development possibilities, making it particularly well-suited for a mixed-use development. A conceptual plan suggests a travel center, incorporating elements such as a branded fuel station, a modern food court, a large-format retail store, an integrated fast-food kitchen, dedicated truck lanes, and attached fast-food restaurants. The seller is willing to subdivide the property into two 10-acre parcels. The asking price is $1,295,000. Information on Improvement and Maintenance Service Tax (IMST) is available upon request following receipt of an offer. This property's prime location and flexible zoning make it an exceptional opportunity for investors seeking high-impact commercial development in a thriving Texas market. Don't miss this chance to acquire a significant piece of Wichita Falls real estate.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store Party Supply Store
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Discount Store Party Supply Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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