Property profile

6309 Central Fwy Wichita Falls, TX 76305

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • Discount Store Party Supply Store

Location

6309 Central Fwy Wichita Falls, TX 76305
Wichita Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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