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Property profile & analytics
OFF-MARKET
Warehouses
3002 Lawrence Rd, Wichita Falls, TX 76309-5114
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6862365
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
STEEL FRAME
Total area
3,240 SF
Lot
0.17 ac (7,501 SF)
Zoning code
SF2
APN
3680 030 00
UPID
US82-6862365
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
-
A-1 Construction Remodeling & Roofing Construction Company General Contractor
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
Joseph K Harder · 3 yrs held
Joseph K Harder
since 2023
2 recorded transactions
Zoning & alternative use
SF2 · 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
$1,598
Tax year 2023
Assessed value
$80,797
Assessed 2024
Previous assessed
$67,567
+19.6% YoY
Effective rate
1.98%
On assessed value
Assessed land
$3,500
Assessed improvement
$77,297
Land market value
$3,500
Improvement market value
$77,297
Total market value
$80,797
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
NONE
Units
1
Total area
3,240 SF
Lot
0.17 ac (7,501 SF)
Zoning code
SF2
APN
3680 030 00
UPID
US82-6862365
Jurisdiction
WICHITA
Zoning & alternative use
SF2 · Wichita Falls, TX
Zoning SF2 · permitted uses
SF2 · 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
1970
Construction
STEEL FRAME
Heating
NONE
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Joseph K Harder
Individual
Mailing address
90 EST W RD, SHERMAN, TX 75092-4467
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
—
Joseph K Harder
Mike Egan
Venders Lien
$63,750 · American National Bank & Trust
Apr 27, 2010
—
Klonie Berend
Jaime E Mas
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.
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