Technical
Financial
Distress signals
Property profile

1201 Scott Ave Wichita Falls, TX 76301

OFF-MARKET
Retail space
Property ID
US82-6939463
5,034 SF 0.24 ac lot Built 1978
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction STEEL FRAME
Total area 5,034 SF
Lot 0.24 ac (10,498 SF)
Zoning code LI
APN 0030 088 00
UPID US82-6939463

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
  • Daycare Center Foster Care Service
  • Daycare Center

Location

1201 Scott Ave Wichita Falls, TX 76301-4651
Wichita Falls metro Census 10100 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$646k
Blend (final) Blend
$300k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2009
Price N/A
2009
Price N/A

Zoning & alternative use

LI · Wichita Falls, TX
Zoning description

CT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450 GC-GENERAL COMMERCIAL DISTRICT Pt 3510…

General category INDUSTRIAL
Top alternative use upside
Restaurant $625,000 +52.7%
Auto repair, garage $620,000 +52.1%
Commercial (general) $460,000 +12.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1201 Scott Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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