Financial
Distress signals
Property profile

4020 Rhea Rd Wichita Falls, TX 76308

FOR LEASE
Strip malls
Property ID
US82-5700072
7,200 SF 3.59 ac lot Built 1984
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space (previously used by Finishing Touch) is located near the intersection of Callfield Road and Rhea Road in Wichita Falls, Texas, with frontage along Rhea Road. The interior is equipped with energy-efficient AC/heat and LED lighting, and the space is served by water and garbage services. Security and access features include a 40-camera security system, an electronic advertising sign, and an anti-theft door sensor. Approximately 15 parking spaces are provided on-site. The carpet is approximately two years old. The property consists of 9,160 square feet.

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?
$26k
Tax billed · 2023
Assessed value · 2024$1.16M
Assessed land$626k
Assessed improvement$537k
Effective rate2.26%

Value estimate

· Sep 2026
$385k
$347k – $424k
AI approach$410k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 1,139.28% cap applied$14k

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?
1,139.28%
$14k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.2
Electrical Service11.7
Parking Facility11.5

Location

4020 Rhea Rd Wichita Falls, TX 76308
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

15 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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