Office Building with Private
4501 NORTHWEST FREEWAY Wichita Falls, TX 76306
4501 NORTHWEST FREEWAY, Wichita Falls, TX, 76306
$450,000
For Sale
$450,000
COMMERCIAL - Wichita Falls, TX
Property Size2,915 SF
Lot Size1.00 Acre
Price / SF$154.37
Days on Market187
Property Features for 4501 NORTHWEST FREEWAY
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- Size
- 2,915 SF
- Lot size
- 1.00 Acre
Building Details
- Flooring type
- Concrete, Carpet, Tile
- Roof type
- Composition
Listing Agency
HIRSCHI REALTORS
(940) 692-8120
3631 MAPLEWOOD SUITE 1, WICHITA FALLS, TX
Listed by
MARINA VANCE · License #0821217
(940) 232-4466
Added: Jan 12 Checked: Jul 18 at 11:06 pm
MLS# 181761
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.
This for-sale commercial office building offers a flexible layout designed for professional, medical, or service-based use. Approximately 2,915 square feet includes up to five private offices, a spacious conference room, a kitchen/break area, and a utility room. The configuration supports both day-to-day operations and owner-occupant flexibility, with space that can accommodate multiple functions under one roof.
Located at 4501 Northwest Freeway in Wichita Falls, the property is positioned for convenient access and visibility. The site sits on roughly one acre and provides ample parking to support employees and visitors.
For tenants, buyers, and operators seeking an established office environment with dedicated private rooms and meeting space, this building provides a practical combination of work areas and support facilities. With its mix of private offices, conference space, and back-of-house utility and break amenities, it can serve a range of office-oriented businesses that need both collaboration space and individual work areas.
Located at 4501 Northwest Freeway in Wichita Falls, the property is positioned for convenient access and visibility. The site sits on roughly one acre and provides ample parking to support employees and visitors.
For tenants, buyers, and operators seeking an established office environment with dedicated private rooms and meeting space, this building provides a practical combination of work areas and support facilities. With its mix of private offices, conference space, and back-of-house utility and break amenities, it can serve a range of office-oriented businesses that need both collaboration space and individual work areas.
Key Highlights
- Approx. 2,915 SF commercial office building with up to five private offices
- Includes spacious conference room, kitchen/break area, and utility room
- Flexible layout suitable for professional, medical, or service‑based use
Local Financial Insights For Healthcare Medical
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 | $70.0k | $24.00 |
| − Vacancy | −$7.0k | −$2.40 |
| EGI | $63.0k | $21.60 |
| − OpEx | −$25.2k | −$8.64 |
| NOI | $37.8k | $12.96 |
2,915 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$539.7K
$472.2K – $629.6K
NOI $37,778 @ 7.0% cap · market cap 8.40%
Second Best
Office B
$511.6K
$447.6K – $596.9K
NOI $35,811 @ 7.0% cap · market cap 7.96%
Theoretical Best
Warehouse
$3.48M
$3.04M – $4.06M
NOI $243,521 @ 7.0% cap · market cap 54.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Versatile office building with up to five private offices, conference room, and ample parking on one acre.
Where is this office building located?
The property is located at 4501 NORTHWEST FREEWAY Wichita Falls, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approx. 2,915 SF commercial office building with up to five private offices; Includes spacious conference room, kitchen/break area, and utility room; Flexible layout suitable for professional, medical, or service‑based use
