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    Property profile & analytics

    1111 Scott Ave Wichita Falls, TX 76301-7812

    • Retail space
    • 14,940 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Jun 09, 2023
    Location Intelligence
    Property ID
    US82-6283973
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • texas too / Used Car Dealer
    • Emergency Dental Care / Emergency Dental Service

    Property Details for 1111 Scott Ave

    Year built
    1942
    Construction
    CONCRETE BLOCKS
    Lot size
    1.11 lot acres
    Property size
    14,940 SF
    Zone code
    LI
    Property type
    Retail space
    APN
    1850 015 00
    APU
    185001500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.47
    Latitude
    33.8989
    CBSA code
    48660
    CBSA name
    WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,911
    $16,893
    $256,343
    $273,236
    -
    $16,893
    $256,343
    $273,236

    Comparable in this City

    • Value Estimation by Request
      1,218 SF

      2512 9th St

      RETAIL STORES (PERSONAL SERVICES) • 1,218 SF
      2512 9th St, Wichita Falls, TX 76301-3909
      View Details
    • Value Estimation by Request
      15,000 SF

      816 Travis St

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      816 Travis St, Wichita Falls, TX 76301-6831
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    • Value Estimation by Request
      3,564 SF

      905 Old Jacksboro Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,564 SF
      905 Old Jacksboro Hwy, Wichita Falls, TX 76301-5310
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    • Value Estimation
      $600,000
      13,180 SF

      717 Indiana Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,180 SF
      717 Indiana Ave, Wichita Falls, TX 76301-6511
      View Details
    • Value Estimation
      $630,000
      16,669 SF

      100 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 16,669 SF
      100 Walnut St, Wichita Falls, TX 76301-7066
      View Details
    • Value Estimation
      $475,000
      4,298 SF

      1912 9th St

      RETAIL STORES (PERSONAL SERVICES) • 4,298 SF
      1912 9th St, Wichita Falls, TX 76301-4130
      View Details

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    Similar Nearby for Lease

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    1111 Scott Ave
    Wichita Falls, TX 76301-7812
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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
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