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    5131 Greenbriar Rd Wichita Falls, TX 76302
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    Property profile & analytics

    5131 Greenbriar Rd Wichita Falls, TX 76302


    • Outlet malls
    • 184,896 SF
    • 19.90 lot acres
    Land For Sale For Sale
    $16,255,000
    3.42 Acres

    Land For Sale

    3.42 acres of land available for purchase.

    5131 Greenbriar Road, Wichita Falls, TX 76302
    View Listing
    Property ID
    US82-6609720
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walmart Pharmacy / Pharmacy
    • Walmart Photo Center / (Bike/Boat/Book/etc) Store
    • Walmart Business Center / (Bike/Boat/Book/etc) Store
    • Primo Water Refill & Exchange / Big Box & Wholesale Store
    • Walmart Money Center / Bank / Credit Union

    Property Details for 5131 Greenbriar Rd

    Year built
    2007
    Lot size
    19.90 lot acres
    Property size
    184,896 SF
    Zone code
    GC
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    3995 101 00
    APU
    399510100

    Description

    This exceptional 3.42-acre commercial land parcel presents a compelling investment opportunity in Wichita Falls, Texas. Located at 5131 Greenbriar Road, this property boasts a highly visible position within a busy commercial area, ensuring maximum exposure for any development. The site is zoned for mixed-use development, providing flexibility for a wide range of commercial projects, from retail establishments to restaurants or office spaces. Utilities are readily available, simplifying the development process and minimizing upfront costs. The property's strategic location in Wichita Falls, combined with its favorable zoning and high visibility, creates strong potential for a significant return on investment. The expansive lot size offers ample space for substantial construction, accommodating large-scale projects or allowing for multiple smaller developments. This is an ideal opportunity for investors seeking a prime location with excellent growth potential in a thriving Texas market. The address is 5131 Greenbriar Road, Wichita Falls, TX 76302, within Wichita County. The property's coordinates are 33.8660456 latitude and -98.4897345 longitude.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $16,119,000
      Market price range: $5.18M - $19.9M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $13,660,000
      Current use
      INDUSTRIAL (GENERAL)
      $23,850,000
      Change: +75% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $23,120,000
      Change: +69% Conversion: Difficult
      RESTAURANT
      $21,250,000
      Change: +56% Conversion: Easy
      WAREHOUSE, STORAGE
      $17,035,000
      Change: +25% Conversion: Difficult
      OFFICE BUILDING
      $16,645,000
      Change: +22% Conversion: Easy
      MEDICAL BUILDING
      $13,505,000
      Change: -1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $13,170,000
      Change: -4% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.5011
    Latitude
    33.851
    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
    $236,127
    $1,733,780
    $9,971,220
    $11,705,000
    -
    $1,733,780
    $9,971,220
    $11,705,000
    View Listing
    More about this property
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