Property profile

707 Scott Ave Wichita Falls, TX 76306

OFF-MARKET
Warehouses
Property ID
US82-5551847
82,962 SF 7.15 ac lot Built 1929
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,224-square-foot executive office suite in Wichita Falls, Texas, presents a fantastic opportunity for businesses seeking a sophisticated and functional workspace. Built in 2010, this Class C single-tenant office building is located at 707 N Scott Ave, 76306, and boasts a range of desirable features. The space includes a dedicated reception area, three private offices perfect for individual work or team collaboration, and a spacious meeting room ideal for client presentations or staff gatherings. Additional amenities include a convenient breakroom, a utility room with washer and dryer connections, and separate men's and women's restrooms. Ample parking is available, enhanced by an exterior ramp entrance for accessibility. The property lacks elevators. For businesses requiring additional storage, warehouse space is available at an extra cost. This well-maintained office building offers a professional and efficient environment, ready to accommodate a variety of business needs. Its prime location in Wichita Falls ensures easy access to local amenities and transportation networks. This is an excellent opportunity to establish or expand your business in a comfortable and productive setting.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1929
Total area 82,962 SF
Lot 7.15 ac (311,454 SF)
APN 0010 415 00
UPID US82-5551847

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
  • Production Facility
  • General Contractor Renovation Specialist

Location

707 Scott Ave Wichita Falls, TX 76306-6761
Wichita Falls metro Census 11100 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2010
Price N/A

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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