Technical
Financial
Distress signals
Property profile

1081 Lamar St Wichita Falls, TX 76301

OFF-MARKET
Warehouses
Property ID
US82-6869616
103,985 SF 2.61 ac lot Built 1967
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1967
Construction CONCRETE
Total area 103,985 SF
Lot 2.61 ac (113,748 SF)
Zoning code CBD
APN 0020 827 00
UPID US82-6869616

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company
  • Car Rental Facility

Location

1081 Lamar St Wichita Falls, TX 76301-3412
Wichita Falls metro Census 10100 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.50M
Blend (final) Blend
$8.34M

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

CBD · Wichita Falls, TX
Zoning description

BA-BROOK AVENUE DISTRICT Pt 3730 CC-COMMERCIAL CORRIDOR DISTRICT Pt 3750 GREATER DOWNTOWN ZONING DISTRICT REGULATIONS Pt 3765 GREATER DOWNTOWN ZONING DISTRICT DEVELOPMENT REGULATIONS Pt 3766 CENTRAL BUSINESS DISTRICT - C…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $12.9M +104.9%
Auto repair, garage $12.8M +104.0%
Commercial (general) $9.5M +50.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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