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Property profile & analytics
OFF-MARKET
Commercial land
1111 Alma St Wichita Falls, TX 76301-5701
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-7586747
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.17 ac (7,501 SF)
Zoning code
LO
APN
3300 053 00
UPID
US82-7586747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
United Regional Health Care System · 18 yrs held
United Regional Health Care System
since 2008
1 recorded transaction
Zoning & alternative use
LO · Wichita Falls, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SIDENTIAL DISTRICT Pt 3250 RMU-RESIDENTIAL MIXED USE DISTRICT Pt 3320 MHR-MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450 GC-GENERAL COMMERCIAL DISTRICT Pt 3510 LI-LIGHT INDUSTRIAL DISTRIC…
Zone name
Limited Office
General category
COMMERCIAL
Zone area
33.79 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wichita Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$576
Tax year 2023
Assessed value
$24,378
Assessed 2024
Previous assessed
$24,378
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$24,378
Land market value
$24,378
Total market value
$24,378
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,501 SF)
Zoning code
LO
APN
3300 053 00
UPID
US82-7586747
Jurisdiction
WICHITA
Zoning & alternative use
LO · Wichita Falls, TXZoning LO · permitted uses
LO · Wichita Falls, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SIDENTIAL DISTRICT Pt 3250 RMU-RESIDENTIAL MIXED USE DISTRICT Pt 3320 MHR-MANUFACTURED HOUSING RESIDENTIAL DISTRICT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450 GC-GENERAL COMMERCIAL DISTRICT Pt 3510 LI-LIGHT INDUSTRIAL DISTRICT Pt 3580 HI-HEAVY INDUSTRIAL DISTRICT Pt 3640 PUD-PLANNED UNIT DEVELOPMENT DISTRI
Zone name
Limited Office
General category
COMMERCIAL
Zone area
33.79 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
United Regional Health Care System
Individual
Free & Clear · 18 yrs held
Mailing address
1600 11TH ST, WICHITA FALLS, TX 76301-4300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2008
—
United Regional Health Care System
Jim P Newsom
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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