1900 9th St, Wichita Falls, TX 76301-4130
This exceptional 13,923 square foot commercial property, located at 1900 9th Street in Wichita Falls, Texas, presents a unique investment opportunity. The single-story building sits on a 22,768 square foot lot and is comprised of six units, currently operating as a mix of retail and executive office spaces. The property boasts a strong location at the corner of 9th and Denver Streets, ensuring high visibility and significant traffic flow. Currently, two units are available for lease, offering potential for increased income. With a price per square foot of $36.63, this represents a significant price adjustment. The property is owner/tenant occupied, and when fully leased, it is projected to generate positive cash flow. The paved parking area provides ample space for customers and employees. The lease expiration date for existing tenants is July 11, 2025. This multi-use commercial property is ideal for investors seeking a strong return on investment in a desirable location. The property's combination of retail and office space provides flexibility and diverse income streams. This is a rare opportunity to acquire a well-located, established commercial property in Wichita Falls, Texas, at a highly competitive price.
-
Park Plaza Pharmacy Pharmacy
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, TXWichita Falls. Always verify with local authorities before improvements.
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.