2716 Commerce StWichita Falls, TX 76301

Property Details for 2716 Commerce St

Year built

1982

Lot size

3.00 AC

Property size (Sq ft)

8,625 SF

Zone code

HI

Property type

Commercial real estate

APN

0956 005 04

APU

95600504

Description

This exceptional industrial property, located at 2716 Commerce Street in Wichita Falls, Texas, offers 28,710 square feet of warehouse and office space in a single-tenant configuration. The building, constructed in 1982, sits on a three-acre lot within a business park, strategically positioned at the intersection of Highway 287 and Highway 79. This prime location ensures superb accessibility for large trucks, a significant advantage for logistics and distribution businesses. The warehouse itself boasts a generous 20,000 square feet of space, complemented by two office buildings totaling 8,710 square feet (4,800 sf and 3,910 sf). Loading and unloading are facilitated by one grade-level door and three dock-high doors. The expansive three-acre lot provides ample room for yard space and potential future expansion. The property is currently vacant and move-in ready, presenting a unique opportunity for immediate occupancy. The lease type is triple net. The property's zip code is 76301, and it is situated in Wichita County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,840,260

  6.5%

  $1,698,700

  7%

  $1,577,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,005,430

  Geo Method

  $1,037,760

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,266,860

  Retail / Commercial

  $1,690,400

  Mixed-Use / Specialty

  $1,696,330

  Hospitality / Lodging

  $1,260,110

  Office

  $1,698,700

  Institutional / Educational

  $1,767,770

  Residential Income

  $2,068,290

  Multifamily

  $2,414,320

  Automotive / Energy

  $1,515,230

  Parking / Income-Based Land

  $511,077

  Restaurant / Food Service

  $907,789

  Healthcare / Senior Housing

  $1,727,290

Location Insight

City

Wichita Falls

County

Wichita

State

Texas

Latitude

33.8895

Longitude

-98.4417

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].