910 Kramer RdBurkburnett, TX 76354

Property Details for 910 Kramer Rd

Year built

1977

Construction

WOOD

Lot size

0.55 AC

Property size (Sq ft)

5,024 SF

Zone code

C/B

Property type

Strip malls

Property subtype

Neighborhood centers

APN

5G07 003 00

APU

5G0700300

Description

This exceptional 1250-square-foot commercial space, situated on a 0.54-acre lot at 910 W Kramer Road in Burkburnett, Texas, presents a fantastic opportunity for a variety of businesses. Its ideal location near Burkburnett High School ensures high visibility and foot traffic. The property is part of a shared building with an athletic club, providing additional exposure and potential synergy. The interior boasts ample space, laundry hookups, and a convenient back storage area. The landlord is offering a significant incentive: the first month's rent is free! Furthermore, the security deposit is waived for tenants signing a two-year lease. This flexibility allows new businesses to customize the space to perfectly suit their needs

• CAP approach

  CAP return

  Valuation

  6%

  $1,316,715

  6.5%

  $1,215,429

  7%

  $1,128,613

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,523,309

  Geo Method

  $1,523,309

• Alternative Use

  Use

  Valuation

  Residential

  $1,025,260

  Hospitality

  $939,133

  Educational

  $781,347

  Medical

  $808,219

  Retail

  $1,215,429

Location Insight

City

Burkburnett

County

Wichita

State

Texas

Latitude

34.0798

Longitude

-98.5812

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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