Two-Story Office with
4090 REGENT DRIVE Wichita Falls, TX 76306
4090 REGENT DRIVE, Wichita Falls, TX, 76306
$750,000
For Sale
$750,000
COMMERCIAL - Wichita Falls, TX
Property Size3,811 SF
Price / SF$196.80
Days on Market52
Property Features for 4090 REGENT DRIVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 3,811 SF
Building Details
- Flooring type
- Concrete
- Roof type
- Composition
Listing Agency
HIRSCHI REALTORS
(940) 692-8120
3631 MAPLEWOOD SUITE 1, WICHITA FALLS, TX
Listed by
CRIMSON SHULTS · License #812367
(940) 249-1777
Added: May 27 Checked: Jul 17 at 6:06 pm
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
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Falls Home Health ...
Home Health Care Service
Skintegrity Solutions
Medical Clinic
Coldwell Banker Rowland ...
Construction Company
U.S. Adjusting Services
Financial Advisor
Similar For Sale Nearby
FAQs
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
