About this property

- 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