Property profile

4014 Sheppard Access Rd Wichita Falls, TX 76306

OFF-MARKET
Turn key restaurants
Property ID
US82-7186470
4,160 SF 0.63 ac lot Built 1977
Individually Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,160-square-foot restaurant property in Wichita Falls, Texas, is available for $650,000. Located at 4014 Sheppard Access Rd, 76306, this single-unit building sits on a 27,530-square-foot lot and enjoys a prime location directly across from the main gate of Sheppard Air Force Base, home to the world's largest Euro-NATO Joint Jet Pilot Training Program. Built in 1977 and extensively renovated in 2021, the property boasts 100% occupancy and benefits from high traffic counts and a loyal customer base comprised of both local residents and military personnel. The building is zoned for commercial use and features a single story. The sale price of $650,000 equates to $156.25 per square foot. While the current restaurant business and equipment are not included in this sale, the owners are open to negotiating the sale of the business and equipment separately. This presents a unique opportunity for investors seeking a high-traffic location with significant potential. The property is offered with 100% ownership.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction CONCRETE BLOCKS
Total area 4,160 SF
Lot 0.63 ac (27,530 SF)
Zoning code GC
APN 3027 001 03
UPID US82-7186470

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
  • Take-out & Catering

Location

4014 Sheppard Access Rd Wichita Falls, TX 76306-4225
Wichita Falls metro Census 13201 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

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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