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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Individual retail properties
6305 Swsw Pkwy Wichita Falls, TX 76310-2801
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-6958458
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1982
Construction
BRICK
Total area
9,424 SF
Lot
4.01 ac (174,719 SF)
Zoning code
SF1
APN
0730 025 02
UPID
US82-6958458
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$240k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Ed Tigrett · 18 yrs held
Ed Tigrett
since 2008
2 recorded transactions
Zoning & alternative use
SF1 · Wichita Falls, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
0 Hierarchy of zoning districts. § 3035 Permitted and conditional uses. § 3010 Zoning districts established. The city is hereby divided into the following zoning districts: Section No. Map Code Zoning District Name 3040 SF-1 Single-family residential (large lot) 3100 SF-2 Single-family residential (standard lot) 3170 MFR Multifamily residential 3250 RMU Resi…
Zone name
Single Family Residential Large Lot
General category
RESIDENTIAL
Zone area
12,064.46 ac
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
Method
Estimation
Statistic approach
by Request
ML approach
$240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
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
$7,695
Tax year 2023
Assessed value
$409,841
Assessed 2024
Previous assessed
$325,400
+25.9% YoY
Effective rate
1.88%
On assessed value
Assessed land
$59,460
Assessed improvement
$350,381
Land market value
$59,460
Improvement market value
$350,381
Total market value
$409,841
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1982
Construction
BRICK
Heating
NONE
Units
1
Total area
9,424 SF
Lot
4.01 ac (174,719 SF)
Zoning code
SF1
APN
0730 025 02
UPID
US82-6958458
Jurisdiction
WICHITA
Zoning & alternative use
SF1 · Wichita Falls, TXZoning SF1 · permitted uses
SF1 · Wichita Falls, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
0 Hierarchy of zoning districts. § 3035 Permitted and conditional uses. § 3010 Zoning districts established. The city is hereby divided into the following zoning districts: Section No. Map Code Zoning District Name 3040 SF-1 Single-family residential (large lot) 3100 SF-2 Single-family residential (standard lot) 3170 MFR Multifamily residential 3250 RMU Residential mixed use district 3320 MHR Manufactured housing residential 3360 LO Limited
Zone name
Single Family Residential Large Lot
General category
RESIDENTIAL
Zone area
12,064.46 ac
Building & site characteristics
From public records
Year built
1982
Construction
BRICK
Heating
NONE
Units
1
Lot
4.01 ac
Current owner
From public records · entity-resolved
Ed Tigrett
Individual
Mailing address
2825 BARRYWOOD DR, WICHITA FALLS, TX 76309-4903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Feb 6, 2008
—
Ed Tigrett
Betty Nicks
Venders Lien
$187,000 · First National Bank Of Wichita Fall
Jan 25, 2007
—
Ed Tigrett
Betty Nicks
Venders Lien
$187,000 · First National Bank Of Wichita
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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