3101 Armory Rd Wichita Falls, TX 76302-1718
- Warehouses
- 36,398 SF
- 5.55 lot acres
Apr 07, 2022
Current Use by Public Records
- Als Heavy Duty Wrecker Service / Towing Service
- Budget Heavy Towing / Towing Service
- Collins Towing & Recovery Services / Towing Service / Auto Auction
- City Towing & Recovery, LLC / Towing Service / Auto Wrecker
- AAA Towing & Roadside Assistance / Towing Service
Property Details for 3101 Armory Rd
- Year built
- 1950
- Lot size
- 5.55 lot acres
- Property size
- 36,398 SF
- Zone code
- GC
- Property type
- Warehouses
- APN
- 0470 070 04
- APU
- 47007004
Description
This exceptional 36,398-square-foot flex building presents a unique investment opportunity in Wichita Falls, Texas. Situated on a spacious 5.55-acre lot, this former school building offers a versatile layout including ample workshop areas, offices, and substantial storage space. The property features multiple roll-up doors ranging from 9 to 16 feet, enhancing accessibility and functionality. Security is ensured by a fenced yard complete with electronic gates. The building is conveniently located with easy access to major highways including TX-79, US-281, and US-287, providing excellent visibility and connectivity. Zoned for General Commercial use, this property allows for a broad range of potential applications. A significant advantage is the inclusion of an approximately 80-85 kW solar system, still under the manufacturer's warranty, contributing to significant energy savings. The property boasts ample parking and is priced at $849,000, or $23.33 per square foot. Built in 1950, this single-story structure is classified as Class C and currently sits vacant, presenting a blank canvas for a discerning buyer. The property's address is 3101 Armory Rd, Wichita Falls, TX 76302, and its APN is 0470 070 04. This is a rare opportunity to acquire a substantial property in a thriving area with significant potential for return on investment.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $605,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,207,000
Market price range: $1.21M - $4.97M
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Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.4848
- Latitude
- 33.8822
- CBSA code
- 48660
- CBSA name
- WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA