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5950 Northwest Fwy - Wichita Farm 17.06 Acres of Commercial Land Offered at $5,200,000 in Wichita Falls, TX 76305
Investment Highlights
- Prime Commercial / Industrial / Data Center Site with TXDOT Access & Utilities
Executive Summary
Prime Commercial / Industrial / Data Center Site with TXDOT Access & Utilities
Location: US-287 & Wellington Ln, Wichita Falls, TX
Size: 17.06 Acres (with 55-ft TXDOT-approved driveway)
Utilities: City Water + Electric
Zoning: Commercial Corridor (flexible for multiple uses)
Traffic: 55,000+ VPD on US-287
Status: Ag-Exempt (low holding cost)
Property Overview:
This 17.06-acre tract sits directly on the high-growth Northwest Freeway corridor, offering unmatched visibility, utilities in place, and a rare TXDOT-approved 55-ft commercial driveway. The property’s flagpole configuration provides secure access while preserving a large, efficient development footprint. Property is currently growing wheat.
Best Uses:
Retail Power Center
Hotel / Hospitality
Industrial Flex / Distribution
Medical or Professional Campus
EV Charging Hub
Data Center / High-Power User
Mixed-Use Commercial
Corporate Campus
Highlights:
Direct freeway exposure
Utilities already on site
No impact fees
High-growth corridor with national brands nearby
Large enough for multi-phase development
Ag-exempt for low holding costs
Ideal for local developers and institutional buyers
Price: Market-supported range $5.2M – $6.3M
Contact: Owner Direct — Serious inquiries only.
Property Facts
1 Lot Available
Lot LOT 1 BLK
| Price | $5,200,000 | Lot Size | 17.06 AC |
| Price Per AC | $304,806.57 |
| Price | $5,200,000 |
| Price Per AC | $304,806.57 |
| Lot Size | 17.06 AC |
LOT 1 BLK 1 MILLS FAMILY ADD -
Description
FOR SALE — 17.06 Acres on US-287 | Wichita Falls, TX Prime Commercial / Industrial / Data Center Site with TXDOT Access & Utilities Location: US-287 & Wellington Ln, Wichita Falls, TX Size: 17.06 Acres (with 55-ft TXDOT-approved driveway) Utilities: City Water + Electric Zoning: Commercial Corridor (flexible for multiple uses) Traffic: 55,000+ VPD on US-287 Status: Ag-Exempt (low holding cost) Property Overview: This 17.06-acre tract sits directly on the high-growth Northwest Freeway corridor, offering unmatched visibility, utilities in place, and a rare TXDOT-approved 55-ft commercial driveway. The property’s flagpole configuration provides secure access while preserving a large, efficient development footprint. Property is currently growing wheat. Best Uses: Retail Power Center Hotel / Hospitality Industrial Flex / Distribution Medical or Professional Campus EV Charging Hub Data Center / High-Power User Mixed-Use Commercial Corporate Campus Highlights: Direct freeway exposure Utilities already on site High-growth corridor with national brands nearby Large enough for multi-phase development Ag-exempt for low holding costs Ideal for local developers and institutional buyers Price: Market-supported range $5.2M – $6.3M Contact: Owner Direct — Serious inquiries only.
Property Taxes
| Parcel Number | 123363 | Improvements Assessment | $1,020 |
| Land Assessment | $5,853 | Total Assessment | $6,873 |
Property Taxes
Contact the Sale Advisor
5950 Northwest Fwy - Wichita Farm