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    Wichita Falls Office Building Title is generated by Realmo AI

    4314 Wendover, Wichita Falls, TX 76309

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    For Sale
    $1,940,000

    12,188 SF office building in a high-profile commercial area.

    Type:Office
    Property size:
    12,188 SF
    Price / SF:
    $159/SF
    Added:
    Nov 21, 2025
    Days on Market:
    203
    Last Refresh:
    May 8 at 8:24 pm

    Property Features for 4314 Wendover

    General Information

    Standard status
    Active
    Size
    12,188 SF
    Property subtype
    Office

    Building Details

    Year Built
    2006

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    Listing Contact
    Bruce Marshall

    Listing agent Bruce Marshall License #TX #218397

    Listing office SVN l EVTRS (EverTrust)

    Listing date Nov 21, 2025

    Source Svn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SVN l EVTRS (EverTrust)

    HighLights

    • 2006‑Built All Brick Office Building
    • Located in a high‑profile commercial area
    • 7.75% Cap Rate & 10.11% All In Benefits
    • Sophisticated Energy Management System
    • Proximity to Midwestern University and Shepard Air Force Base
    • Located on 1.88 acres of land

    Overview

    The property is a 12,188 square foot office building situated on 1.88 acres of land. It is located in a high-profile commercial area in Wichita Falls, Texas, home of Sheppard Air Force Base. The building was constructed in 2006 and features all-brick construction. An Energy Management System operates the HVAC, landscape irrigation, and electrical systems. The property is near a newly constructed Johnny Carino's restaurant to the south and a Class A, AT&T executive office development to the east. Numerous banks are located nearby, including Fidelity Bank, First Bank, Edward Jones, Smith Barney, and Citibank Financial. Area restaurants include Cheddar's and Texas Roadhouse. Other area retailers include Sam's Club, Home Depot, and Circuit City. Mineral Wells is home of Midwestern University and Shepard Air Force Base. The trade area of Mineral Wells encompasses a population of 371,892 persons.

    Local 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 $255.9k $21.00
    − Vacancy −$56.3k −$4.62
    EGI $199.6k $16.38
    − OpEx −$49.9k −$4.10
    NOI $149.7k $12.29
    12,188 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.14M
    $1.87M – $2.50M (±1% cap)
    NOI $149,730 @ 7.0% cap · market cap 7.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $14.55M
    $12.73M – $16.97M (±1% cap)
    NOI $1,018,192 @ 7.0% cap · market cap 52.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Social Security Administration Social Security Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.5549
    Latitude
    33.8789

    FAQs

    What type of property is this?
    Office building - 12,188 SF office building in a high-profile commercial area.
    Where is this office building located?
    The property is located at 4314 Wendover Wichita Falls, TX.
    What is the asking price?
    The asking price for this property is $1,940,000.
    What are key features of this property?
    This property features: 2006‑Built All Brick Office Building; Located in a high‑profile commercial area; 7.75% Cap Rate & 10.11% All In Benefits
    More about this property
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