Property profile

501 Scott Ave Wichita Falls, TX 76301

OFF-MARKET
Turn key restaurants
Property ID
US82-6666449
4,552 SF 0.34 ac lot Built 1975
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Construction CONCRETE BLOCKS
Total area 4,552 SF
Lot 0.34 ac (15,002 SF)
Zoning code CBD
APN 0020 272 00
UPID US82-6666449

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
  • Restaurant
  • Restaurant

Location

501 Scott Ave Wichita Falls, TX 76301-2503
Wichita Falls metro Census 10200 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

CBD · Wichita Falls, TX
Zoning description

BA-BROOK AVENUE DISTRICT Pt 3730 CC-COMMERCIAL CORRIDOR DISTRICT Pt 3750 GREATER DOWNTOWN ZONING DISTRICT REGULATIONS Pt 3765 GREATER DOWNTOWN ZONING DISTRICT DEVELOPMENT REGULATIONS Pt 3766 CENTRAL BUSINESS DISTRICT - C…

General category CIVIC_INSTITUTIONAL

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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