3430 Burkburnett RdWichita Falls, TX 76306

Property Details for 3430 Burkburnett Rd

Year built

2000

Construction

STEEL FRAME

Lot size

0.67 AC

Property size (Sq ft)

7,868 SF

Zone code

GC

Property type

Outlet malls

APN

4630 014 07

APU

463001407

Description

This exceptional 7,511-square-foot retail space, located at 3430 Burkburnett Rd in Wichita Falls, Texas, 76306, presents a significant opportunity for a variety of businesses. Currently vacant, the entire building is available for lease. The property is classified as a single-tenant storefront, ideal for a business seeking high visibility and ample space. Its "Retail, Restaurant" zoning allows for diverse uses, catering to a wide range of potential tenants. The building's substantial size offers significant flexibility in layout and design, allowing for customization to meet specific business needs. The property's location on Burkburnett Rd ensures high traffic volume and excellent exposure to potential customers. This prime location in Wichita Falls offers easy access to major roadways and a thriving local community. The property is ready for immediate occupancy, providing a seamless transition for new businesses. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial, well-located retail space in a growing Texas market. The property's size and location make it an attractive option for businesses seeking to establish a strong presence in Wichita Falls.

• CAP approach

  CAP return

  Valuation

  6%

  $2,177,439

  6.5%

  $2,009,944

  7%

  $1,866,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,311,304

  Geo Method

  $2,385,628

• Alternative Use

  Use

  Valuation

  Residential

  $1,695,462

  Hospitality

  $1,553,035

  Educational

  $1,292,106

  Medical

  $1,336,544

  Retail

  $2,009,944

Location Insight

City

Wichita Falls

County

Wichita

State

Texas

Latitude

33.9592

Longitude

-98.5116

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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