4200 Arena Rd - Commercial LAND FOR SALE


Wichita Falls, TX 76310 566,280 SF
$292,683-$1,902,439 USD
940-400-4926
4200 Arena Rd, Wichita Falls, TX for Sale
$292,683-$1,902,439 USD
Commercial LAND - FOR SALE
1/20
566,280 SF

4200 Arena Rd
Wichita Falls, TX 76310


HIGHLIGHTS

  • 4200 Arena Road is a 19.11-acre mixed-use tract that can be divided into smaller plots in a growing area of Greater Wichita Falls.
  • Front section of the tract is located within Wichita Falls and the back section is outside of city limits, providing fewer restrictions.
  • Flexible GC zoning allows for developments such as retail, restaurants, offices, medical clinics, residential, self storage, warehouses, and more.
  • Near the corner of FM 369 and Highway 82, which sees combined traffic counts in excess of 24,000 vehicles per day.
  • Surrounded by new developments, including Wichita Falls Memorial High School, a 14,000-SF medical office, and a 216-unit apartment complex.
  • Section of tract features a turf baseball/softball field with gated entry, concrete walkways, a brick concession stand, a scoreboard and field lights.

OVERVIEW

4200 Arena Road is the perfect place to establish a new destination in the path of Wichita Falls’ growth. The 19.11-acre tract is a prime site for a broad spectrum of developments. It is zoned GC, one of the most generous designations, permitting dozens of project types from multifamily and retail to office and warehouse uses. A section of 4200 Arena Road is outside the city limits, granting even more developmental flexibility. The tract is already connected to utilities, including electric and septic, due to existing infrastructure, making this a truly shovel-ready opportunity. Situated near the corner of FM 369 and Highway 82, 4200 Arena Road is at a key intersection for this flourishing locale. The new Wichita Falls Memorial High School across the street has anchored the area as a desirable neighborhood destination, and projections call for consistent household growth. Many of the new residents report high incomes for the metro with an average annual household income of about $100,000 within a 5-mile radius. A new medical office and the Brook Hollow Apartments join the high school in the vicinity, creating even more traffic drivers. As these developments arise, few essential amenities exist, making this the ideal opportunity to create a destination serving new residents and professionals. Investors also have the option to take over the income-producing part of the tract, a 100% turf field used by local baseball and softball teams. It comes complete with a gated entry, brick dugouts, concrete walkways, a brick concession stand, a scoreboard, and stadium field lighting. The field also presents a great existing traffic driver and recreational centerpiece for incoming developments.

FOR SALE DETAILS

PRICE

$292,683-$1,902,439 USD

PRICE/ACRE

$146,341/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Mixed-Use Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Multi-Family, Medical, Restaurant, Warehouse

LAND ACRES

13 AC

LAND SF

566,280 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Curb/Gutter/Sidewalk

ZONING

GC

APN/PARCEL ID

125629

ASK ABOUT THIS PROPERTY

Holly BernardD-BAT Wichita FallsMore Info
940-400-4926

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Holly BernardD-BAT Wichita FallsMore Info
940-400-4926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.