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    284 And 288 W Jentsch Road Wichita Falls, TX 76310

    View on Map
    For Lease
    $3,500 /Mo

    Warehouse - Wichita Falls, TX

    Type:Warehouse
    Property size:
    5,500 SF
    Lot size:
    1.50 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for 284 And 288 W Jentsch Road

    General Information

    Property type
    Other
    Property subtype
    Warehouse
    Standard status
    Active
    APN
    17913
    Size
    5,500 SF
    Lot size
    1.50 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1996
    Flooring type
    Concrete, Tile
    Building materials
    Metal Siding, Steel Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Bethann Oswald
    Bethann Oswald

    Listing agent Bethann Oswald License #0609787

    Listing office Bishop Realtor Group, Inc 1916 Elmwood North Ave, Wichita Falls, TX

    Listing date Mar 2, 2026

    MLS# 21085693 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wichita Falls Warehouse For Rent

    This commercial property, located just south of Wichita Falls off Hwy 281 across from Texoma Cowboy Church, offers a secure and conveniently located space suitable for an office, parts room, and living quarters, along with two warehouse workspaces. The office and living quarters feature a glass front with commercial doors. The 110x30' warehouse unit includes three 12' overhead doors, a 12' swing door on the end, and recent LED lighting. The property provides ample space for personal or business use, subject to landlord approval of the business use. The total square footage is 5500, situated on a 1.5-acre lot. Note that high-risk businesses are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Auto Repair Shop Gym & Fitness Center Department Store Big Box & Wholesale Store Building Supply Storage Facility Tech Support Center Plumbing Service Kitchen & Bath Showroom Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Big State Warehouse — u 281 76310, 8995 Henry S Grace Fwy, Wichita Falls, TX 76302
    • Baize RV and Boat Storage — 753 US-281, Wichita Falls, TX 76310

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.488852
    Latitude
    33.825117

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    FAQs

    What type of property is this?
    Warehouse - Secure warehouse with office and living space near Wichita Falls.
    Where is this warehouse located?
    The property is located at 284 And 288 W Jentsch Road Wichita Falls, TX.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: Convenient location just south of Wichita Falls off Hwy 281.; 5500 total square feet of versatile space for office, living, and warehouse use.; Two warehouse spaces, one measuring 110x30' with **three 12' overhead doors and a 12' swing door.**
    (940) 691-7355
    We can help!
    Listing Contact
    Bethann Oswald
    Bethann Oswald
    Real Estate License ID: 0609787
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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