Prime Southwest Parkway Development Site | 5.31 Acres
Land | 5.31 Acre Development Site | Wichita Falls, TX
Marketing description
3111 Southwest Parkway (the “Property”) is a prime 5.31-acre developable site strategically located at the corner of Southwest Parkway and Bridge Creek Drive. Surrounded by a robust mix of national and regional retailers, the area features Ace Hardware, United Supermarkets, Hobby Lobby, Mardel, Bealls, Cato Fashions, EntertainMART, Plex Entertainment, IHOP, Chuck E. Cheese, Walgreens, Chick-fil-A, McDonald’s, Taco Bell, and Smoothie King.
Zoned for General Commercial (GC) use, the property offers exceptional flexibility, supporting a diverse range of development opportunities including residential (both single-family and multi-family), retail, and civic uses.
Positioned within a rapidly growing corridor of Wichita Falls, 3111 Southwest Parkway stands out as a high-profile development tract with strong visibility and accessibility, making it an ideal location for future growth and investment.
Investment highlights
PRIME LOCATION
Nestled in North Texas, Wichita Falls serves as the county seat of Wichita County. Positioned near the Texas-Oklahoma border, it lies approximately 140 miles northwest of the bustling Dallas-Fort Worth metroplex. Renowned for its rich history, diverse culture, and strong community spirit, Wichita Falls is a unique and appealing place to live, work, and explore.
Economic Evolution and Growth
Wichita Falls' economy has evolved significantly over the years. Originally driven by agriculture, oil, and manufacturing, the city has diversified into key sectors such as healthcare, education, and military support. Sheppard Air Force Base stands as one of the region's largest employers, playing a vital role in the local economy. Additionally, Midwestern State University (MSU Texas) contributes significantly through its educational programs and research initiatives, fostering economic development and innovation. United Regional Hospital is the second largest employer and serves the entire MSA.
Education: A Pillar of the Community
Education holds a central place in Wichita Falls. The Wichita Falls Independent School District oversees a robust public school system dedicated to academic excellence. WFISD just opened two new state of the art High Schools. The city is home to Midwestern State University, acclaimed for its liberal arts curriculum and distinguished nursing and business programs. As of Fall 2024, MSU Texas boasts an enrollment of 5,324 students, including 4,303 undergraduates and 1,021 graduate students. Vernon College further enriches the educational landscape by offering technical and vocational training, supporting workforce development across various industries.
Community and Lifestyle
Wichita Falls is celebrated for its friendly, welcoming atmosphere and strong sense of community. The cost of living is notably lower than the national average, making it an attractive destination for families, young professionals, and retirees. The city features a harmonious blend of historic neighborhoods and contemporary developments, offering diverse housing options to suit different lifestyles.
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