Property summary
This exceptional 11,747-square-foot mixed-use property in Wichita Falls, Texas, presents a remarkable investment opportunity. Located at 1801 9th St, 76301, this single-story building sits on a commercially zoned lot and offers unparalleled flexibility. Previously occupied by a Luby's restaurant, the majority of the interior has been gutted, providing a blank canvas for a diverse range of businesses. The space is ideally suited for a restaurant, entertainment venue, office complex, or retail establishment. A significant advantage is the existing firewall separating this area from an adjacent medical office, ensuring operational independence. The property is available for both sale and lease, with the buyer or tenant responsible for completing any necessary build-out or tenant improvements. This prime location in Wichita County offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The asking price is $704,820. This is a chance to create a thriving business in a dynamic location with significant potential for growth and return on investment. The property's versatility and strategic location make it a truly unique opportunity in the Wichita Falls market. General Commercial zoning allows for a wide array of uses.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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