5400 Burkburnett Road

Price Upon Request

5400 Burkburnett Road

7.65 Acres

Description

- Investors have the opportunity to capitalize on a residential or commercial development.
- Strategically located on the North side of Wichita Falls, TX at an entrance into Sheppard Airforce Base.
- The area around the property is surrounded by Sheppard Airforce base, residential (both single family and multifamily), national fast food chains, and other commercial.
- Sheppard ARB has over 5,700 acres.
- Zoning is GC - General Commercial
o Permitted or Possible Residential Uses: Single Family (and zero lot line), Duplex, Condos, Multifamily, Townhomes
o Permitted or Possible Commercial Uses: Alcohol Beverage Sales, Auto Sales, Auto Service Station, Boat Sales & Services, Car Wash, C-Store, Restaurants, Self Storage...
- Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset
- Wichita Falls ISD Schools: 2 new high schools in Wichita Falls ISD currently being built and will open in 2024

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Location

5400 Burkburnett Road, Wichita Falls, TX 76306

Status

Sold

Date Sold

April 7, 2023

Property Amenities

Area & Lot

Lot Area 7.65 Acres

MLS® ID 20038592

Type Commercial

Status Sold

Exterior

Stories 1

Air conditioning None, Other

Heat type None, Other

Parking Other

Lot Features Acreage, Cleared, Corner Lot, Irregular Lot, Other

Roof Other

Utilities Other

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Price Upon Request