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    Turnkey Furnished Office Suite Title is generated by Realmo AI

    1206 HATTON ROAD, Wichita Falls, TX 76302

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    For Lease
    $10,500/Mo $8 SF/Yr (calc)

    COMMERCIAL - Wichita Falls, TX

    Type:Office
    Property size:
    15,400 SF
    Added:
    Sep 25, 2025
    Days on Market:
    253
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for 1206 HATTON ROAD

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    15,400 SF

    Building Details

    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    JODY BRANNON
    JODY BRANNON

    Listing agent JODY BRANNON License #0527918

    Listing office HIRSCHI REALTORS 3631 MAPLEWOOD SUITE 1, WICHITA FALLS, TX

    Listing date Sep 25, 2025

    MLS# 180497

    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.

    HighLights

    • 15,400 SF furnished office space with open floor plan, 5 private offices, and 2 conference rooms
    • Server room with dedicated A/C, plus partial furnishings
    • Secure electronic key card access and paved parking for 50+ vehicles
    • Training rooms with seating for 75+ and new video screens
    • Includes 2 restrooms, storm shelters, and stocked breakroom
    • All utilities and property insurance included

    Overview

    This furnished office space offers an open floor plan supported by five large private offices and two spacious conference rooms. A dedicated server room with its own A/C is included, along with partial furnishings to support a faster move-in. The layout also provides access to two restrooms, storm shelters, and a stocked breakroom.

    Access is controlled through secure electronic key card entry, and paved parking is available for 50+ vehicles. The property includes access to large training rooms with seating for 75+, supported by new video screens. Utilities and property insurance are included, which helps simplify operating costs for tenants.

    Designed for organizations that need a combination of day-to-day work areas, meeting space, and larger training capability, this move-in-ready suite is suitable for professional services and corporate users. With a turnkey package that includes furnishings, utilities, and insurance, it can reduce the time and coordination typically required to get a workspace running.
    Property Profile Location Intelligence

    Current Use by Public Records

    Transland Industrial Manufacturer Sharp Iron LP Industrial Manufacturer Sharp Iron Services General Contractor 12:eleven Production Equipment Engineer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.487328
    Latitude
    33.868724

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    FAQs

    What type of property is this?
    Office units - Furnished office with key-card access, private offices, conference rooms, and training space for teams of varying sizes.
    Where is this office units located?
    The property is located at 1206 HATTON ROAD Wichita Falls, TX.
    What is the lease rate?
    The lease rate is $10,500 /Mo.
    What are key features of this property?
    This property features: 15,400 SF furnished office space with open floor plan, 5 private offices, and 2 conference rooms; Server room with dedicated A/C, plus partial furnishings; Secure electronic key card access and paved parking for 50+ vehicles
    (940) 224-2626
    We can help!
    Listing Contact
    JODY BRANNON
    JODY BRANNON
    Real Estate License ID: 0527918
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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.

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