3101 Armory RdWichita Falls, TX 76302
- Industrial properties
- 36,398 SF
Property Details for 3101 Armory Rd
- Year built
- 1950
- Lot size
- 5.55 AC
- Property size (Sq ft)
- 36,398 SF
- Zone code
- GC
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 0470 070 04
- APU
- 47007004
Description
This exceptional 36,398-square-foot flex building presents a unique investment opportunity in Wichita Falls, Texas. Situated on a spacious 5.55-acre lot, this former school building offers a versatile layout including ample workshop areas, offices, and substantial storage space. The property features multiple roll-up doors ranging from 9 to 16 feet, enhancing accessibility and functionality. Security is ensured by a fenced yard complete with electronic gates. The building is conveniently located with easy access to major highways including TX-79, US-281, and US-287, providing excellent visibility and connectivity. Zoned for General Commercial use, this property allows for a broad range of potential applications. A significant advantage is the inclusion of an approximately 80-85 kW solar system, still under the manufacturer's warranty, contributing to significant energy savings. The property boasts ample parking and is priced at $849,000, or $23.33 per square foot. Built in 1950, this single-story structure is classified as Class C and currently sits vacant, presenting a blank canvas for a discerning buyer. The property's address is 3101 Armory Rd, Wichita Falls, TX 76302, and its APN is 0470 070 04. This is a rare opportunity to acquire a substantial property in a thriving area with significant potential for return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,843,550
- Hospitality
- $7,184,649
- Educational
- $5,977,544
- Medical
- $6,183,120
- Retail
- $9,298,401
Location Insight
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Latitude
- 33.8822
- Longitude
- -98.4848
- CBSA code
- 48660
- CBSA name
- WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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