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3910 Call Fld Rd Wichita Falls, TX 76308-2651

Strip malls Google Maps
64,008 SF 6.18 ac lot Built 2015
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.67M
Range $1.50M – $1.84M (±10%)
Property ID US82-7255241

Property summary

AI-generated overview

This exceptional Class A, multi-tenant regional shopping center in Wichita Falls, Texas presents a compelling investment opportunity. Boasting 84,547 square feet across two single-story buildings on a 7.67-acre lot, the property enjoys a 97% occupancy rate. Built in 2016, the center benefits from a strong tenant mix, anchored by Burlington Coat Factory with a remaining lease term of 10 years. Additional tenants include a diverse range of businesses providing essential services and attracting significant foot traffic. The property's prime location on Call Field Rd sees 65,896 vehicles daily on US Highway 277, serving a robust market with 8,868 residents within a 1-mile radius and a median household income of $51,914. The center's commercial zoning ensures flexibility and future growth potential. This is a high-performing asset in a thriving market, offering a secure and lucrative investment with significant upside. The property features a Net Lease (NNN) structure, minimizing landlord responsibilities. This established shopping center provides a stable income stream and strong potential for long-term appreciation. The diverse tenant mix, including Burlington, Hotworx, DDS Dentures & Implant Solutions, and Union Square Credit Union, ensures consistent revenue generation and minimizes vacancy risk. The property's location in Wichita Falls, Texas, offers access to a large consumer base within a 20-mile radius. This investment presents a rare opportunity to acquire a high-quality, well-positioned shopping center in a growing market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Total area 64,008 SF
Lot 6.18 ac (269,079 SF)
APN 0720 019 00
UPID US82-7255241

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
  • Clothing Store Children'S Clothing Store
  • Nail Salon
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.67M

Owner & transaction history

since 2009
1 recorded transaction
2009
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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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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