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Property profile & analytics

3101 Armory Rd Wichita Falls, TX 76302-1718

  • Warehouses
  • 36,398 SF
  • 5.55 lot acres
OFF-MARKET
Last Sale
Apr 07, 2022
Value Estimations
$905,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-8690038
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $605,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,207,000
    Market price range: $1.21M - $4.97M

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,199
$60,440
$374,368
$434,808
-
$60,440
$374,368
$434,808
More about this property
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