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1841 MLK, Wichita Falls, TX 1841 Mlk Jr Blvd 12,637 SF Retail Building Wichita Falls, TX 76301 $579,000 ($45.82/SF)
Investment Highlights
- Large shop and 10 bays, 14-foot automatic doors
- 30 x 50 paint booth with an air filtration system and a separate HVAC unit
- Large fenced in parking area
- Overhead 3 ton cranes with several 10k lb -15k lb 2 post lifts with 3-phase electricity
- Detached 2,000 sq ft warehouse
- Owner is willing to negotiate a lease back for 1-2 years on the property.
Executive Summary
Auto repair shop, with main bldg consisting of approximately 12,360 sqft with a large shop and 10 bays, 14-foot automatic doors, and overhead 3 ton cranes. Includes 2 offices, store room, and break area. There is a 30 x 50 paint booth with an air filtration system and a separate HVAC unit in the main warehouse. The shop includes a 80 ga shop-compressor throughout , 3-phase electricity, several 10k lb -15k lb 2 post lifts. There is also a detached 2,000 sq ft warehouse building. The property sits on 2.09 AC and with a large fenced in parking area. Owner would like to negotiate a lease back for 1-2 years on the property.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
12,637 SF
Building Class
C
Year Built/Renovated
1982/2023
Price
$579,000
Price Per SF
$45.82
Building Height
1 Story
Building FAR
0.14
Lot Size
2.12 AC
Zoning
LI
Property Taxes
| Parcel Number | 153033 | Improvements Assessment | $402,267 (2025) |
| Land Assessment | $17,298 (2025) | Total Assessment | $419,565 (2025) |
Property Taxes
Parcel Number
153033
Land Assessment
$17,298 (2025)
Improvements Assessment
$402,267 (2025)
Total Assessment
$419,565 (2025)
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1841 MLK, Wichita Falls, TX | 1841 Mlk Jr Blvd
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