Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4214 Kemp Blvd Wichita Falls, TX 76308

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4214 Kemp Blvd Wichita Falls, TX 76308

    View on Map
    • Retail properties & Spaces
    • 6,180 SF
    • 0.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 4214 Kemp Blvd

    Year built
    2001
    Lot size
    0.49 lot acres
    Property size
    6,180 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 4214 Kemp Blvd in Wichita Falls, Texas, 76308, offers 1,440 square feet of versatile space in a single-story, Class B building. The property, part of the 6,180 square foot Kemp Center complex, sits on a 0.49-acre lot and benefits from excellent visibility on a major retail corridor. Built in 2001 and extensively renovated in 2016, the space features an open floor plan, ideal for a variety of service or office uses. The building is zoned GC and boasts a multiple tenancy configuration. Currently available is a 1,440 square foot unit, perfect for a business seeking high traffic exposure. The lease terms are flexible, offering options for 3-5 year agreements. The monthly base rent is $1,296.00, with additional triple net (NNN) charges of $417.00 and a $60.00 monthly water bill. This location provides unparalleled access to the high volume of traffic on Kemp Blvd, a premier retail and restaurant destination in Wichita Falls. The property's recent renovation ensures a modern and functional space ready for immediate occupancy. Don't miss this opportunity to establish your business in a thriving commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita Falls
    County
    Wichita
    State
    Texas
    Longitude
    -98.536
    Latitude
    33.8668

    Comparable in this City

    • Value Estimation
      $2,780,000
      30,670 SF

      2500 Elliott St

      DEPARTMENT STORE • 30,670 SF
      2500 Elliott St, Wichita Falls, TX 76308-3707
      View Details
    • Value Estimation by Request
      6,565 SF

      3913 Kell Blvd

      NURSERY, GREENHOUSE, FLORIST • 6,565 SF
      3913 Kell Blvd, Wichita Falls, TX 76308-1501
      View Details
    • Value Estimation by Request
      13,300 SF

      4111 Southwest Pkwy

      Individual retail properties • 13,300 SF
      4111 Southwest Pkwy, Wichita Falls, TX 76308
      View Details
    • Value Estimation
      $790,000
      20,536 SF

      3127 Lawrence Rd

      DEPARTMENT STORE • 20,536 SF
      3127 Lawrence Rd, Wichita Falls, TX 76308-1617
      View Details
    • Value Estimation
      $975,000
      21,375 SF

      2515 Montgomery E Pl

      DEPARTMENT STORE • 21,375 SF
      2515 Montgomery E Pl, Wichita Falls, TX 76308-3720
      View Details
    • Value Estimation
      $1,155,000
      47,521 SF

      3008 Kemp Blvd

      DEPARTMENT STORE • 47,521 SF
      3008 Kemp Blvd, Wichita Falls, TX 76308-1019
      View Details

    Similar Nearby for Sale

    • $349,000
      11,231 SF

      Wichita Falls Church and Daycare

      Church with additional daycare building and ample parking.
      4403 Phillips Dr, Wichita Falls, TX 76308
      View Details
    • $159,900
      1,188 SF

      Wichita Falls Office Building

      Office building in high-traffic location suitable for small businesses.
      4704 K-Mart Dr, Wichita Falls, TX 76308
      View Details
    • Contact for pricing

      Commercial Lot in High Traffic

      Vacant commercial lot in a central, high-traffic location.
      4526 Fairway Blvd, Wichita Falls, TX 76308
      View Details
    • $799,900
      2.23 Acres

      Prime Lot in Wichita Falls

      2.23 acre lot in high-traffic Wichita Falls location.
      3908 Call Field Rd, Wichita Falls, TX 76308
      View Details
    • Contact for pricing

      Commercial Land Near Shopping Centers

      Land near high-traffic shopping centers and major retailers.
      3920 Lawrence Rd, Wichita Falls, TX 76308
      View Details
    • $158,800
      0.52 Acres

      Commercial Lot Near Southwest Parkway

      Commercial land for sale near Taft Boulevard and Southwest Parkway.
      5015 Taft Blvd, Wichita Falls, TX 76308
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,093 SF

      Retail Space with Ample Parking

      Retail space in Wichita Falls retail corridor with parking.
      3701 Call Field Rd, Wichita Falls, TX 76308
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Sikes Center

      Retail space available near Sikes Center mall.
      3916 Kemp Blvd, Wichita Falls, TX 76308
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Wichita Falls

      Second generation retail spaces available for lease in Wichita Falls.
      3709 Gregory St, Wichita Falls, TX 76308
      View Details
    • Contact for pricing
      8,093 SF

      Retail Space in Prime Location

      Retail space with ample parking in Wichita Falls retail corridor.
      3701 Call Field Rd, Wichita Falls, TX 76308
      View Details
    • $1,250 /Mo
      1,260 SF

      Remodeled Retail Space on Rhea

      Remodeled retail space with frontage on Rhea Road in Wichita Falls.
      4020 Rhea Rd, Wichita Falls, TX 76308
      View Details
    • $1,250 /Mo
      1,100 SF

      Prime Commercial Space on Main

      1100 sq ft commercial property on the busiest street.
      4410 Kemp Blvd, Wichita Falls, TX 76308
      View Details
    Request Owner's contact information
    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.
    4214 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
    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

    Thank You for Inquiry

    4214 Kemp Blvd, Wichita Falls, TX, 76308

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!