Wichita Falls Professional Office
5800 Kell Boulevard, Wichita Falls, TX 76310
SINGLE_FAMILY - Wichita Falls, TX
Type:Office
Property size:
13,224 SFLot size:
1.28 AcresPrice / SF:
$150/SF- Added:
- May 5, 2026
- Days on Market:
- 29
- Last Refresh:
- Jun 2 at 9:06 pm
Property Features for 5800 Kell Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 103364
- Size
- 13,224 SF
- Lot size
- 1.28 Acres
Taxes and HOA fees
- Tax Description
- LOT 2 BLK 1 MICHNA ESTATES
- Tax Annual Amount
- 37399
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Brick, Concrete, Rock, Stone
- Roof type
- Metal
Listing agent Joseph Brannon License #0527918 (940) 692-8120
Listing office Hirschi Realtors Wichita Falls, TX (940) 692-8120
Listing date May 5, 2026
MLS# 21254488
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime highway frontage with strong traffic count.
- Well‑maintained professional office building built in 2000.
- Metal roof replaced in April 2023.
- Two suites currently leased to established tenants (Texas Railroad Commission and North Texas Arthritis & Rheumatology).
- Vacant 4,674 sq ft suite with fresh paint and new laminate flooring.
- Ideal for investment or owner‑user.
Overview
This well-maintained professional office building, constructed in 2000, offers 13,224 square feet of space on a 1.2749-acre lot. The property benefits from prime highway frontage and a strong traffic count. It features three well-designed suites. Currently, two suites are leased: one to the Texas Railroad Commission (4,385 sq ft) and another to North Texas Arthritis & Rheumatology (4,057 sq ft). The remaining suite, comprising 4,674 sq ft, is vacant and features fresh paint and new laminate flooring. The metal roof was replaced in April 2023. The landlord maintains the HVAC system. This property presents an ideal opportunity for either investment or owner-user.
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 | $277.7k | $21.00 |
| − Vacancy | −$61.1k | −$4.62 |
| EGI | $216.6k | $16.38 |
| − OpEx | −$54.2k | −$4.10 |
| NOI | $162.5k | $12.29 |
13,224 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.32M
$2.03M – $2.71M
NOI $162,457 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$15.78M
$13.81M – $18.41M
NOI $1,104,740 @ 7.0% cap · market cap 55.51%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Texas Retina Associates
Ophthalmologist
Railroad Commission of Texas
State Government Office
Vanya Wagler, DO
Physician
Dr. Wayne A. Solley, ...
Ophthalmologist
Spencer William B ...
Ophthalmologist
Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.583687
- Latitude
- 33.87266
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office building with highway frontage and strong traffic count.
Where is this office building located?
The property is located at 5800 Kell Boulevard Wichita Falls, TX.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Prime highway frontage with strong traffic count.; Well‑maintained professional office building built in 2000.; Metal roof replaced in April 2023.
