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7592 Seymour Hwy

16,289 SF Retail Building Wichita Falls, TX 76310 $1,842,711 CAD ($113 CAD/SF)

Investment Highlights

  • Major highway/high traffic area with major highway upgrades planned per State of Texas
  • Area is growing; new businesses coming to area, new public high school being built nearby
  • Easy access to Wichita Falls, surrounding area

Executive Summary

Note: There is some equipment which can be sold with the property. The seller can provide a comprehensive list of those items upon inquiry.
Property is currently home to a classic car dealership. The business itself is NOT for sale, only the land and structures. All business inventory, related parts/supplies/fixtures/artwork, office furnishings, office supplies, computer equipment and any personal property are excluded from the sale. The dealership will remain at this location until the property is sold. All above excluded items will be removed to a new location at that time. Total available structure square footage is 16,289 square feet. 234 feet of frontage road, with separate driveways servicing the front and rear buildings independently. Total acreage available is 10.43 ac. Addresses are 7592 and 7592-B Seymour Highway, Wichita Falls, Texas.
Front parking lot is chip sealed with side gate entry to the rear of property and rear building with separate driveway. Front Property has several water outlets and stock tank. Front building is 8289 square Feet with one main office and one service office with restroom located off main showroom floor.
Drop ceilings with upgraded LED lights fixtures. HVAC systems were replaced and upgraded in 2021. Three bay service entrance in the rear with 1800 square feet awning for parking or this area can be enclosed for more workspace. Average electric cost is 350.00 per month. Building is wired for 110V and 220V. Front building also has a side enclosed space for display or parking that is 1152 square feet. This building can also be finished out for a separate dept or more office space.
Rear Building has 8000 Square feet with Three Full sized showrooms or can be converted to offices or living quarters. This building is heavier commercial wired for 110V, 220V, 440V single or dual phase electric. Three offices in the shop area and an employee break room, and an air compressor room. The showroom area has one main office with a full bath with shower. Upstairs loft with spiral staircase; electric average is 300.00 Per month. Building has been insulated from top to bottom. Two large 14ft side entry doors and a 2400 square foot awning that can be enclosed for more working space.
Side garage for storage and rear stock tank. Total working area with both buildings is 16,289 square feet and 5352 square feet covered parking. This Property is outside the city limits and in a no zone area. On average we have 10k per day people driving on US 277/ US 82. This property is in one of the best parts of the country for easy transport. It’s only 15 miles from US 287 and I-44. US 277 and US 82 will be the new corridor from Texarkana to Laredo
TX. This site is within 5 miles a new state-of -the art high school set to open in the summer/fall of 2024 with several new business moving into the same area.

Taxes & Operating Expenses (Actual - 2021) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2021) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,289 SF
Building Class
C
Year Built
2003
Price
$1,842,711 CAD
Price Per SF
$113 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.04
Lot Size
10.45 AC
Zoning
C - Commercial
Parking
5 Spaces (0.31 Spaces per 1,000 SF Leased)
Frontage
234 ft on Seymour Highway/U.S. 277

Amenities

  • Fenced Lot
  • Freeway Visibility
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 101511
  • 100447
Land Assessment
$211,515 CAD (2024)
Improvements Assessment
$820,599 CAD (2024)
Total Assessment
$1,032,114 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2021 Payable 2022
  • Listing ID: 26818730

  • Date on Market: 2022-10-10

  • Last Updated:

  • Address: 7592 Seymour Hwy, Wichita Falls, TX 76310

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