Property profile

200 N Burnett St Wichita Falls, TX 76306

FOR SALE
Bars & Pubs
Property ID
US82-6947016
2,400 SF 0.22 ac lot Built 1925
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a former commercial venue offering over 2,400 square feet of enclosed indoor space, along with a fenced outdoor area that includes a stage. The site is located on a 0.222-acre lot in downtown Wichita Falls, Texas, and is configured with parking and a layout suitable for customer-facing uses such as a restaurant, bar, event space, or entertainment venue. The building is situated directly across from the Multi-Purpose Events Center (MPEC), providing proximity to an event-focused pedestrian environment.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1925
Total area 2,400 SF
Lot 0.22 ac (9,692 SF)
Zoning code RDD
APN 0010 013 00
UPID US82-6947016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 N Burnett St Wichita Falls, TX 76306
Wichita Falls metro Census 11100 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2024
$80,000
2022
Price N/A

Zoning & alternative use

RDD · Wichita Falls, TX
Zoning description

ING DISTRICT REGULATIONS Pt 3765 GREATER DOWNTOWN ZONING DISTRICT DEVELOPMENT REGULATIONS Pt 3766 CENTRAL BUSINESS DISTRICT - CBD Pt 3775 GENERAL COMMERCIAL - DOWNTOWN - GCD Pt 3780 RIVER DEVELOPMENT DISTRICT - DOWNTOWN…

General category OPEN_SPACE

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
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More about this property
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