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3600 Old Jacksboro Hwy Wichita Falls, TX 76302-1639

OFF-MARKET Strip malls Google Maps
27,620 SF 2.98 ac lot Built 1973
Entity Owned Free & Clear
Estimated value (blended)
$825k
Range $743k – $908k (±10%)
Property ID US82-7328153

Property summary

AI-generated overview

This exceptional retail opportunity presents a 840-square-foot space located at 3600 Old Jacksboro Hwy, Wichita Falls, TX 76302, situated on a 3.5-acre lot. The property, formerly occupied by Ace Cash, is part of a thriving retail center boasting a diverse mix of established tenants including T-Mobile, Roy's Laundry, Dollar General, Clouds of Smoke, Fancy Nails, Bronze Touch, and Michoacana Ice Cream. The building, constructed in 1968 and renovated in 2015, is classified as Class B and features a single-story design across two buildings totaling 36,961 square feet. This specific unit offers 840 square feet of vacant space, perfect for a variety of service-industry businesses. The zoning is GC. The property benefits from its location on Old Jacksboro Highway, ensuring high visibility and accessibility. The lease terms are flexible, ranging from 3 to 5 years, with a base rent of $672 per month and NNN charges of $142.80 per month. This is the last available space in this established center, presenting a unique opportunity for immediate occupancy. The property is offered in "as is" condition.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 27,620 SF
Lot 2.98 ac (129,822 SF)
Zoning code GC
APN 4210 023 01
UPID US82-7328153

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
  • Atm
  • Bar & Pub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$926k
Blend (final) Blend
$825k

Owner & transaction history

Zoning & alternative use

GC · Wichita Falls, TX
Zoning description

MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450…

General category COMMERCIAL

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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