Wichita Falls, TX 76306,5400 Burkburnett Road

$575,000

Est.Price: ?

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Est. payment /mo

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

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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Nick Walker • Rogers Healy and Associates
Bought with Nick Walker • Rogers Healy and Associates
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+1(281) 258-8011

[email protected]

1001 West Loop South Suite 105, Houston, TX, 77027, United States

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