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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1320 Harrison St, Wichita Falls, TX 76309-2525
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5588129
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1932
Construction
CONCRETE BLOCKS
Total area
3,635 SF
Lot
0.26 ac (11,339 SF)
Zoning code
LC
APN
3230 020 00
UPID
US82-5588129
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
Current use
Occupant on record · Public records
-
Autos Grocery & Market Grocery & Convenience Store Food Market
-
ATM (ATM Link, Inc.) Atm
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
Gulshaker Juma · 6 yrs held
Gulshaker Juma
since 2020
3 recorded transactions
Zoning & alternative use
LC · Wichita Falls, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,767
Tax year 2023
Assessed value
$81,811
Assessed 2024
Previous assessed
$74,718
+9.5% YoY
Effective rate
2.16%
On assessed value
Assessed land
$8,504
Assessed improvement
$73,307
Land market value
$8,504
Improvement market value
$73,307
Total market value
$81,811
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1932
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Total area
3,635 SF
Lot
0.26 ac (11,339 SF)
Zoning code
LC
APN
3230 020 00
UPID
US82-5588129
Jurisdiction
WICHITA
Zoning & alternative use
LC · Wichita Falls, TX
Zoning LC · permitted uses
LC · Wichita Falls, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wichita Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
CONCRETE BLOCKS
Heating
NONE
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Gulshaker Juma
Individual
Free & Clear · 6 yrs held
Mailing address
1500 VINECREST LN, ALLEN, TX 75002-2647
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2020
$35,000
Gulshaker Juma
K S J Corporation Karim Juma
Contract Sale
—
Feb 24, 2020
$35,000
Gulshaker Juma
Riyaz Juma
Contract Sale
$25,000 · Riyaz Juma
Mar 18, 2011
$30,000
Riyaz Juma
K S J Corporation
Contract Sale
—
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.
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