$575,000
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7.65 Acres Lot
SOLD DATE : 04/07/2023
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision G.L. Friberg Subd
MLS Listing ID 20038592
Sold Date 04/07/23
Lot Size 7.650 Acres
Acres 7.65
Property Description
- Investors have the opportunity to capitalize on a residential or commercial development.
- Strategically located on the North side of Wichita Falls, TX at an entrance into Sheppard Airforce Base.
- The area around the property is surrounded by Sheppard Airforce base, residential (both single family and multifamily), national fast food chains, and other commercial.
- Sheppard ARB has over 5,700 acres.
- Zoning is GC – General Commercial
o Permitted or Possible Residential Uses: Single Family (and zero lot line), Duplex, Condos, Multifamily, Townhomes
o Permitted or Possible Commercial Uses: Alcohol Beverage Sales, Auto Sales, Auto Service Station, Boat Sales & Services, Car Wash, C-Store, Restaurants, Self Storage...
- Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset
- Wichita Falls ISD Schools: 2 new high schools in Wichita Falls ISD currently being built and will open in 2024
Location
State TX
County Wichita
Zoning General Commercial
Direction From I-44, Go East on Missile Rd, Continue until it intersects with Burkburnett Rd (At the entrance of Sheppard Air Force Base), Property is on the South West Corner of Burkburnett Rd & Missile Rd.
Interior
Heating Other, None
Cooling Other, None
Flooring None
Heat Source Other, None
Exterior
Utilities Available Other
Roof Type Other
Parking Type Other
Garage No
Building
Lot Description Acreage, Cleared, Corner Lot, Irregular Lot, Other
Foundation None
Structure Type Other
Others
Ownership Of Record
Acceptable Financing Other
Listing Terms Other
Financing Cash
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Bought with Nick Walker • Rogers Healy and Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "