Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3916 Kemp Blvd Wichita Falls, TX 76308

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available near Sikes Center mall.

    Property size:
    1,200 SF
    Lot size:
    15.72 Acres

    Property Features for 3916 Kemp Blvd

    General Information

    Size
    1,200 SF
    Lot size
    15.72 Acres

    We can help!

    Listing Contact
    Jennifer Reynolds
    Jennifer Reynolds
    Source: Moodyscre

    Listing Agency: W Inc. Listing Agent: Jennifer Reynolds

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

    Learn more

    Property Insight Report

    Overview

    Retail Space Near Sikes Center

    This retail space is located across from Sikes Center mall. Co-tenants include Ross Dress for Less, TJ Maxx, and Shoe Carnival. Area retailers in the vicinity include Kohl’s, Old Navy, Best Buy, Academy Sports + Outdoors, Dillard’s, At Home, and JCPenney. The property offers 1200 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mattress Firm Wichita ... Furniture & Home Goods RibCrib BBQ Restaurant Schlotzsky's Take-out & Catering Maranda Kathryn Mcgonigle Physician GNC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.535196
    Latitude
    33.871477

    Nearby Similar for Lease

    • $7,500 /Mo
      9,160 SF

      Retail Space on Rhea Road

      Retail space with high traffic exposure and included utilities.
      4020 Rhea Rd, Wichita Falls, TX 76308
      View Details
    • New
      $3,500 /Mo
      2,724 SF

      Professional Office Building For Lease

      Well-maintained office building suitable for various professional uses.
      1712 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    • $995 /Mo
      1,285 SF

      Wichita Falls Retail Space Available

      Corner lot retail space with great street traffic and exposure.
      2000 10Th St, Wichita Falls, TX 76301
      View Details
    • $3,500 /Mo
      5,500 SF

      Wichita Falls Warehouse For Rent

      Secure warehouse with office and living space near Wichita Falls.
      284 W Jentsch Rd, Wichita Falls, TX 76310
      View Details
    • $1,000 /Mo
      465 SF

      Office Suite in Wichita Falls

      Office suite with private entrance, natural light, and utilities included.
      2629 Plaza Pkwy, Wichita Falls, TX 76308
      View Details
    • $750 /Mo
      2,000 SF

      Versatile Industrial Property For Lease

      Adaptable industrial space with offices, reception, and convenient bathroom.
      4006 Call Field Rd, Wichita Falls, TX 76308
      View Details
    • $750 /Mo
      2,000 SF

      Versatile Warehouse Space Available

      2000 sq ft warehouse with office and bathroom.
      4006 Call Field Rd, Wichita Falls, TX 76308
      View Details
    • $1,842 /Mo
      1,228 SF

      Wichita Falls Office Suite

      Office suite available for lease in Wichita Falls, Texas.
      4722 Taft Blvd, Wichita Falls, TX 76308
      View Details
    • New
      $1,500 /Mo
      9,670 SF

      Former Neon Spur Venue

      Versatile space ideal for restaurant, bar, or entertainment venue.
      200 N Burnett St, Wichita Falls, TX 76306
      View Details
    • $10,500 /Mo
      15,400 SF

      Furnished Office Space Available

      Furnished office space with open floor plan and included utilities.
      1206 Hatton Rd, Wichita Falls, TX 76302
      View Details
    • $800 /Mo
      1,064 SF

      Office Space in Wichita Falls

      Office building featuring two spacious office rooms and a break room.
      1805 Kemp Blvd, Wichita Falls, TX 76309
      View Details
    • $1,000 /Mo
      64,469 SF

      Wichita Falls Retail Space Available

      Recently renovated retail spaces available in Wichita Falls, Texas.
      2603 Seymour Hwy, Wichita Falls, TX 76301
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available near Sikes Center mall.
    Where is this retail space located?
    The property is located at 3916 Kemp Blvd Wichita Falls, TX.
    What are key features of this property?
    This property features: - Located across from Sikes Senter Mall; - Co-tenants include Ross Dress for Less, TJ Maxx, and Shoe Carnival; - Area retailers include Kohl’s
    (214) 244-0961 Call to check price and availability
    Request Owner's contact information
    3916 Kemp Blvd Wichita Falls, TX 76308
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3916 Kemp Blvd
    Wichita Falls, TX 76308
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3916 Kemp Blvd Wichita Falls, TX 76308
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jennifer Reynolds
    Jennifer Reynolds
    (214) 244-0961 (214) 363-0309
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!