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    OFF-MARKET
    Drive through restaurants

    2009 Maurine St, Wichita Falls, TX 76306

    1,754 SF 0.43 ac lot Built 2007
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-7368494
    Property summary
    AI-generated overview

    This exceptional retail property, a former Starbucks, presents a compelling investment opportunity in Wichita Falls, Texas. The 1,750 square foot free-standing building, constructed in 2007, sits on a half-acre lot (0.43 acres) and boasts a convenient drive-thru. Its strategic location on Interstate 44 ensures high visibility to over 71,000 vehicles daily, with easy ingress and egress. The property benefits from its proximity to Sheppard Air Force Base, the largest and most diversified training base in Air Education and Training Command, and is also conveniently located near Hirschi High School, Kate Burgess Elementary, Kirby Middle School, and the Boys & Girls Club (all within 0.5 miles). Ample parking caters to various retail or restaurant uses. The surrounding area features established businesses such as Denny's, Whataburger, Long John Silver's, and 7-Eleven, and is not far from a relatively new Walmart Supercenter. Eight hotels, including Comfort Inn, Quality Inn & Suites, La Quinta, Red Roof Inn, and Super 8 by Wyndham, are also nearby. This property is priced well below its original construction cost, making it an ideal value-add opportunity. The APN is 137062, and the permitted zoning is 101815124. The address is 2009 Maurine St, Wichita Falls, TX 76306.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2007
    Construction CONCRETE BLOCKS
    Total area 1,754 SF
    Lot 0.43 ac (18,561 SF)
    Zoning code GC
    APN 2820 015 01
    UPID US82-7368494
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shotz Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Hardeman Holdings LLC · 3 yrs held
    Hardeman Holdings LLC
    since 2022
    6 recorded transactions
    2023
    2022
    2019
    2018
    2008
    2007
    Zoning & alternative use
    GC · Wichita Falls, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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