4613 Old Jacksboro HwyWichita Falls, TX 76302
- Office buildings
- 5,040 SF
Property Details for 4613 Old Jacksboro Hwy
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 5,040 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 0470 061 06
- APU
- 47006106
Description
This exceptional single-tenant office building presents a rare opportunity in Wichita Falls, Texas. Located at 4613 Old Jacksboro Hwy, 76302, this property boasts a substantial 5,001 to 10,000 square feet of well-designed space. The building features a thoughtfully arranged layout including over ten individual offices, each of a generous size, complemented by two bathrooms, a sizable conference room, a welcoming lobby, and dedicated storage space. The property sits on a 5.18-acre lot and is conveniently situated near major thoroughfares, offering easy access to Highway 281 and Highway 79. Its proximity to United Regional Health Care System, Midwestern State University, and Sheppard Air Force Base (a mere 14-minute drive) enhances its appeal. The building itself is a single-story structure with a durable metal roof and ample paved parking. This updated commercial building provides a fantastic environment for business growth and expansion. The property is located in Wichita County. This is an ideal opportunity for a business seeking a well-maintained, conveniently located office space with significant room for expansion.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,075,400
- 6.5%
- $992,678
- 7%
- $921,772
-
Comparable approach
- Method
- Valuation
- Relative Method
- $587,487
- Geo Method
- $606,413
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,908,970
- Retail / Commercial
- $987,795
- Mixed-Use / Specialty
- $991,275
- Hospitality / Lodging
- $736,382
- Institutional / Educational
- $1,033,030
- Residential Income
- $1,208,640
- Multifamily
- $1,410,770
- Automotive / Energy
- $885,453
- Parking / Income-Based Land
- $298,642
- Restaurant / Food Service
- $530,511
- Healthcare / Senior Housing
- $1,009,350
Location Insight
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Latitude
- 33.8636
- Longitude
- -98.494
- 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
FAQs
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