Financial
Distress signals
Property profile

218 Indiana Ave Wichita Falls, TX 76301

OFF-MARKET
Other commercial real estate
Property ID
US82-6098190
8,000 SF 0.34 ac lot Built 1956
Last sale Nov 2025
Trust Owned Owner of record is a trust. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 8,000-square-foot flex property includes an open showroom area with office cubicle space, two updated private offices, a kitchenette, two bathrooms, and two large storage areas. The interior configuration is adaptable for combined warehouse, office, and light industrial use within a single commercial building. The property provides private, fenced parking controlled by an automated gate and is located at 218 Indiana Avenue in downtown Wichita Falls, with nearby access to major routes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$249k
Assessed land$8k
Assessed improvement$242k
Effective rate0.78%

Value estimate

· Sep 2026
$335k
$302k – $369k
CAP approach$1.46M
Submarket $/SF estimate$1.34M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
CT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt ...
General categoryINDUSTRIAL
JurisdictionWICHITA

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.4
Garden Center9.9
Nail Salon9.7

Location

218 Indiana Ave Wichita Falls, TX 76301-1016
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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