Technical
Financial
Distress signals
Property profile

201 Rathgeber Rd Wichita Falls, TX 76310

OFF-MARKET
Warehouses
Property ID
US82-8150807
29,100 SF 22 ac lot Built 2021
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity: Rangers' Retreat Self Storage, a 2023-built, 28,700-square-foot facility in Wichita Falls, Texas, is offered at $1,700,000. This nine-building complex boasts 207 units (187 non-climate controlled), 20 uncovered parking spaces, and sits on a 6.35-acre lot. Currently operating at 33% occupancy, the property benefits from its strategic location near US 281 (5,762 average daily traffic), major retailers (Walmart, Starbucks, McDonald's within 1.1 miles), and Midwestern State University (2.8 miles, 5,324 students). The strong demographics include a 5-mile radius population of 61,555 with an average household income of $82,485. Construction features include gravel drives, steel and metal construction, perimeter fencing, gated access, and security cameras. The average non-climate unit size is 153 square feet. The property is remotely managed by the owner. This presents a compelling opportunity for growth and strong returns in a thriving market. APN: 124728. Address: 201 Rathgeber Rd, Wichita Falls, TX 76302.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2021
Total area 29,100 SF
Lot 22 ac (958,320 SF)
APN 4420 008 02
UPID US82-8150807

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
  • Storage Facility
  • Storage Facility

Location

201 Rathgeber Rd Wichita Falls, TX 76310
Wichita Falls metro Census 11500 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
by Request
Blend (final) Blend
$635k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2021
Price N/A
2020
Price N/A

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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