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2526 Missile Rd Wichita Falls, TX 76306-1375

OFF-MARKET Strip malls Google Maps
19,080 SF 3.03 ac lot Built 2004
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$525k
Range $473k – $578k (±10%)
Property ID US82-6690140

Property summary

AI-generated overview

Ambreen Plaza, located at 2526 Missile Rd, Wichita Falls, TX 76306, offers a 1,200 square foot office/retail space for lease. This suite, number 8, is situated within a larger 25,000 square foot multi-tenant building on a 3.014-acre lot. The property is zoned GC and has convenient access via Missile Rd and a cross street. The space is ideal for creative office, executive office, or coworking uses, and previously operated as a cell store. Recent renovations include fresh paint, new ceiling tiles, and new carpeting. The lease rate is $995 per month gross, with tenants responsible only for electricity. The building itself offers a variety of uses, including retail and office space. This prime location in Wichita Falls presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located space. The available suite is ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 19,080 SF
Lot 3.03 ac (131,987 SF)
APN 0959 208 00
UPID US82-6690140

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Event Planning Party Supply Store
  • Training Center Sports School
  • Hair Salon
  • Grocery & Convenience Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$598k
Blend (final) Blend
$525k

Owner & transaction history

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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