Two-Story Office with
For Sale
$750,000
4090 REGENT DRIVE, Wichita Falls, TX 76306
COMMERCIAL - Wichita Falls, TX
Property Size3,811 SF
Price / SF$196.80
Days on Market67
Property Features for 4090 REGENT DRIVE
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Subdivision
10W WFalls Southwest
Standard status
Active
Size
3,811 SF
Building Details
Flooring type
Concrete
Roof type
Composition
Listing Agency:
HIRSCHI REALTORS
(940) 692-8120
Listed By:
CRIMSON SHULTS · License #812367
(940) 249-1777
Added: May 27
Changed: Jun 30
Last Checked: Aug 1 at 7:06AM
MLS# 183482
Copyright © 2026 Wichita Falls Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
4090 Regent Drive is a custom-built two-story office property completed in 1983, designed for private office use. The space includes 14 offices, reception areas, conference rooms, a kitchen and break room, and separate bathrooms. The building also features side and front entrances, supporting separate points of access for day-to-day operations.
The property provides parking for 28 cars. It includes an 1,800’ drive-in storage building, along with front and back lawns and a security system. The building is described as being one block from McNeil Road, offering commuting convenience while maintaining a private and quiet setting.
This layout can fit professional office tenants needing multiple rooms for staff and client meetings, such as counseling centers, oil & gas offices, mortgage operations, or real estate offices. The on-site drive-in storage adds practicality for businesses that require secure, accessible storage in addition to traditional office space.
The property provides parking for 28 cars. It includes an 1,800’ drive-in storage building, along with front and back lawns and a security system. The building is described as being one block from McNeil Road, offering commuting convenience while maintaining a private and quiet setting.
This layout can fit professional office tenants needing multiple rooms for staff and client meetings, such as counseling centers, oil & gas offices, mortgage operations, or real estate offices. The on-site drive-in storage adds practicality for businesses that require secure, accessible storage in addition to traditional office space.
Key Highlights
- Custom‑built 1983 two‑story office property with concrete flooring and a composition roof
- 14 offices plus kitchen and break room, reception areas, conference rooms, and separate bathrooms
- Parking lot accommodates up to 28 cars
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.0k | $21.00 |
| − Vacancy | −$17.6k | −$4.62 |
| EGI | $62.4k | $16.38 |
| − OpEx | −$15.6k | −$4.10 |
| NOI | $46.8k | $12.29 |
3,811 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$4.55M
$3.98M – $5.31M
NOI $318,373 @ 7.0% cap · market cap 42.45%
Second Best
Industrial
$4.10M
$3.59M – $4.78M
NOI $286,815 @ 7.0% cap · market cap 38.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14
Office units
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 76306, TX
14,664
Population
6,529
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
17.1 sq mi
ZIP Area
858
Density / Sq Mi
$47,004
Median Household Income
$35,005
Median Earnings
$884
Median Rent
$105,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Custom-built two-story office with multiple private offices, conference rooms, and drive-in storage for flexible business use.
Where is this office building located?
The property is located at 4090 REGENT DRIVE Wichita Falls, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Custom‑built 1983 two‑story office property with concrete flooring and a composition roof; 14 offices plus kitchen and break room, reception areas, conference rooms, and separate bathrooms; Parking lot accommodates up to 28 cars
