Price Reduction
Address
2200 Seymour Highway, Wichita Falls, TX
Price
$ 1,299,800
Property Attributes
- MLS#20525165
- TypeCommercial
- CountyWICHITA
- CityWichita Falls
- NeighborhoodAc Abst. 300 - J
- Zip76301
- StyleIndustrial
- Year Built1955
- Taxes$ 21792
- Price$ 1,299,800
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.34 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
30,625 sqft industrial building built in 1955. Approximately 1.34 acres of land. Complete roof replacement was carried out at the end of 2018, including the addition of ISO insulation board, spray polyurethane foam, and two coats of exterior foam paint. The exterior is brick veneer. Features three individual offices, a reception area with two desks, a display area, and a conference room, restrooms, an employee break area, a shipping and receiving office, and two vault-safe rooms. The remaining is dedicated to warehouse space. The current tenant moved into the space in 2010 and is the largest supplier of paper, packaging, safety, food service, sanitary, janitorial, and office supplies in West Texas. Their lease expires on January 31, 2025. The current modified gross lease included 3% annual rent escalations. Situated near the Central Business District, the property offers easy access to major highways, making it centrally located and easily accessible.
| Price History | |
|---|---|
| 2/1/2024 | Listed $1,299,900 |
| 4/23/2024 | 1% - $1,299,800 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water,Concrete,Curbs,Electricity Connected |
| Ceiling Height | 11 to 14 Feet |
| Possession | Closing/Funding,Lease Outstanding,Subject to Lease |
| Roof | Flat |
| Year Built | 1955 |
| Tenant Pays | All Utilities,Grounds Care |
| Business Type | Commercial,Industrial,Warehouse,Wholesale |
| Unexempt Taxes | 21792 |
| Building Use | Industrial,Storage Warehouse,Wholesale |
| Will Subdivide | Subdivided |
| Gross Annual Expenses | 26560.00 |
| Property SubType | Industrial |
| Subdivision Name | AC ABST. 300 - J |
| Zoning Description | GC-General Commercial |
| Occupant Type | Tenant |
| County | Wichita |
| Property Type | Commercial Sale |
| Security Features | Fire Sprinkler System |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Status | Active |
| Directions | google maps is accurate |
| City | Wichita Falls |
| Buyer Agent Compensation | 3% |
| Street Name | Seymour |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20525165 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 30625 |
| Lock Box Type | None |
| Street Suffix | Highway |
Exterior Features
| Freight Doors | Dock/High,Grade Level,Loading Dock |
|---|---|
| Lot Size Source | Estimated |
| Parking Features | Open,Outside,Parking Lot |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 1.3400 |
| Lot Size Units | Acres |
| Construction Materials Walls | Brick |
| Building Area Total | 30625.00 |
| Road Frontage Type | City Street,Highway |
| Lot Size Square Feet | 58370.4000 |
| Lot Size Acres | 1.3400 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 76301
Price
Taxes
Visits
Year Built
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