1601 9th St Wichita Falls, TX 76301-4304
This exceptional 10,805 square foot office building presents a compelling investment opportunity in Wichita Falls, Texas' thriving medical district. Located at 1601 9th Street, 76301, this single-story property sits on a 1.102-acre lot and offers a flexible layout ideal for various medical or commercial uses. Built in 1982 by Erdman, renowned healthcare facility specialists, the building features non-load bearing walls, allowing for easy interior reconfiguration to meet specific needs. The property boasts numerous professional offices, exam rooms, storage rooms, and a break room with a kitchen. Two front entrances, each with its own reception area, offer the potential for a third entrance. Ample covered staff parking with four private entrances ensures convenience and privacy. Its proximity to United Regional Hospital is a significant advantage. The asking price is $2,079,000, translating to $192.41 per square foot. This property is an exceptional opportunity for investors seeking a strong return in a high-demand location. The building's versatile design and prime location make it suitable for a wide range of medical and commercial tenants. The ample parking and convenient access further enhance its appeal. This is a rare chance to acquire a well-maintained, established property in a rapidly growing area.
-
Portmann Specialty Rehab Medical Clinic
-
Helen Farabee Centers - IDD Facility Crisis Center Medical Clinic
-
Dr. Gradie E Moore Physician
-
Bannon Ryan MD Physician
-
Hansen Kimberly A Physician
MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 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 LI-LIGHT INDUSTRIAL DISTRICT Pt 3580 HI-HEAVY INDUSTRIAL DISTRICT Pt 3640 PUD-PLANNED UNIT DEVELOPMEN…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Wichita Falls, TXMANUFACTURED HOUSING RESIDENTIAL DISTRICT § 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 LI-LIGHT INDUSTRIAL DISTRICT Pt 3580 HI-HEAVY INDUSTRIAL DISTRICT Pt 3640 PUD-PLANNED UNIT DEVELOPMENT DISTRICT Pt 3700 RIVER DEVELOPMENT DISTRICT (Outside Greater Downtown Zone) Pt 3
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.