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Financial
Distress signals
Property profile

2701 Southridge Dr Unit Former FedEx Warehouse Wichita Falls, TX 76302

FOR LEASE
Truck terminals
Property ID
US82-6846792
32,452 SF 3.98 ac lot Built 1997
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2701 Southridge Dr,Unit Unit Former FedEx Warehouse, Wichita Falls, TX 76302 For Lease
$675,000 32,452 SF available
2701 Southridge Dr,Unit Unit Former FedEx Warehouse, Wichita Falls, TX 76302
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Property summary

AI-generated overview

The property is a secured commercial warehouse facility totaling 32,452 square feet of building area, including 4,026 square feet of office space and 26,407 square feet of warehouse space with a 2,019-square-foot vehicle maintenance facility. Warehouse features include 17-foot ceilings, 32-foot column spacing, 5-inch concrete flooring, heating, and eight grade-level doors, each 16 feet wide. The site is fully fenced and includes a 50-foot truck court and 92 parking spaces. City utilities supply…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value · 2024$1.63M
Assessed land$130k
Assessed improvement$1.50M
Effective rate2.10%

Value estimate

· Oct 2026
$675k
$608k – $743k
AI approach$675k
NOI build-up
Gross scheduled income$3.52M
Vacancy & credit loss−$335k
Operating expenses−$478k
NOI · 11,523.18% cap applied$2.71M

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?
11,523.18%
$2.71M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWICHITA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.2
Law Firm13.1
Spa & Massage11.7

Location

2701 Southridge Dr, Unit Unit Former FedEx Warehouse Wichita Falls, TX 76302
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

18 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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