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2618 Old Iowa Park Rd 4,800 SF Retail Building Wichita Falls, TX 76306 $450,000 ($93.75/SF)
Investment Highlights
- DRIVE-THRU CONFERENCE ROOM LOBBY EXECUTIVE OFFICES BREAK ROOM
- 49 SPACE PARKING LOT
- BANK VAULT
Executive Summary
PRICED $400K BELOW TAX APPRAISAL!! MULTIPLE USE OFFICE BUILDING. MULTIPLE EXECUTIVE OFFICES, CONFERENCEROOM, BREAK/LUNCH ROOM, BANK VAULT, DRIVE THRU WINDOW. WOULD MAKE GREAT REAL ESTATE OFFICES, LIQUORSTORE, BARBER SHOP, BEAUTY SALON. AGENT/OWNER. THE LIST OF POSSIBILITIES ARE ENDLESS.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1994/2026
Price
$450,000
Price Per SF
$93.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.69 AC
Zoning
GC - Commercial
Parking
49 Spaces (10.21 Spaces per 1,000 SF Leased)
Frontage
84’ on Old Iowa Park Rd
Amenities
- Banking
- Pylon Sign
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Pilgrim Bank
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Pilgrim Bank | Finance and Insurance | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 104603 | Improvements Assessment | $821,400 |
| Land Assessment | $24,600 | Total Assessment | $846,000 |
Property Taxes
Parcel Number
104603
Land Assessment
$24,600
Improvements Assessment
$821,400
Total Assessment
$846,000
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2618 Old Iowa Park Rd