3201 Lawrence Rd Wichita Falls, TX 76308-1608
Property Lookup
Property profile & analytics
3201 Lawrence Rd Wichita Falls, TX 76308-1608
- Strip malls
- 26,516 SF
- 14.68 lot acres
Property ID
US82-7019261
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.
Location Intelligence
Current Use by Public Records
- Complete Health / Physician
- Harmony Nail Spa / Nail Salon
- Spearmint Dental & Orthodontics - Wichita Falls / Dental Office
- CDReload - Online Bitcoin ATM / Crypto Atm / Atm
- Firehouse Subs Quail Creek Crossing / Take-out & Catering
Property Details for 3201 Lawrence Rd
- Year built
- 2011
- Lot size
- 14.68 lot acres
- Property size
- 26,516 SF
- Zone code
- GC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 0386 014 00
- APU
- 38601400
Description
This exceptional 157,927-square-foot retail power center, situated on a 20.62-acre lot at 3201 Lawrence Rd, Wichita Falls, TX 76308, presents a compelling investment opportunity. Built in 2011, this single-story, fee-simple property boasts a diverse portfolio of national tenants including AT&T, PetSmart, Office Depot, Michaels, Qdoba, Ulta, HomeGoods, Five Below, Old Navy, GameStop, James Avery, American Eagle, Buckle, Crumbl, Cotton Patch, Firehouse Subs, and Bath & Body Works. The property enjoys 100% occupancy with a triple-net (NNN) lease structure, offering a 7.25% cap rate and significant upside potential. Located in a high-traffic area with over 25,100 cars passing daily, this center benefits from its proximity to Midwestern State University and a strong demographic profile, including a 10-mile population of 116,033 residents with an average household income of $82,091. The property is zoned C and is considered a top-performing shopping center within a 50-mile radius, attracting over 2.7 million visitors annually. Its strategic location is approximately 2.5 hours south of Oklahoma City and 2 hours northwest of Dallas/Fort Worth International Airport. Over 85% of the tenants have occupied the space since the center's opening. This is a rare opportunity to acquire a high-performing, well-located retail asset with a strong tenant mix and exceptional long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,045,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,334,000
Market price range: $515k - $1.33M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $975,000 Current use
- RETAIL STORES
- $1,925,000 Change: +97% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.5382
- Latitude
- 33.8757
- 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
$374,398
$3,453,088
$13,637,912
$17,091,000
-
$3,453,088
$13,637,912
$17,091,000
