625 SheppardBurkburnett, TX 76354

  • Turn key restaurants
  • 2,040 SF
Off market
$19,636,940 Estimated

Property Details for 625 Sheppard

Year built
1970
Construction
CONCRETE BLOCKS
Lot size
1.96 AC
Property size (Sq ft)
2,040 SF
Property type
Turn key restaurants
APN
5N03 015 00
APU
5N0301500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $414,614
    6.5%
    $382,721
    7%
    $355,384
  • Comparable approach

    Method
    Valuation
    Relative Method
    $255,271
    Geo Method
    $255,271
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $744,634
    Mixed-Use / Specialty
    $382,047
    Hospitality / Lodging
    $281,195
    Office
    $380,496
    Institutional / Educational
    $397,422
    Residential Income
    $464,983
    Multifamily
    $553,848
    Automotive / Energy
    $340,647
    Parking / Income-Based Land
    $116,871
    Restaurant / Food Service
    $200,179
    Healthcare / Senior Housing
    $391,074

Location Insight

City
Burkburnett
County
Wichita
State
Texas
Latitude
34.0861
Longitude
-98.5664
CBSA code
48660
CBSA name
WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,582
$45,960
$99,520
$145,480
-
$45,960
$99,520
$145,480

FAQs

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