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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Warehouses
6308 Kell Blvd Wichita Falls, TX 76310-1522
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7247391
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Total area
5,800 SF
Lot
1.39 ac (60,723 SF)
Zoning code
LI
APN
0120 013 02
UPID
US82-7247391
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
-
AAA Whatley Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$865k
Owner & transaction history
Aaa Whatley Self Storage LLC · 15 yrs held
Aaa Whatley Self Storage LLC
since 2010
3 recorded transactions
Zoning & alternative use
LI · Wichita Falls, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450 GC-GENERAL COMMERCIAL DISTRICT Pt 3510 LI-LIGHT INDUSTRIAL DISTRICT Pt 3580 HI-HEAVY INDUSTRIAL DISTRICT Pt 3640 PUD-PLANNED UNIT DEVELOPMENT DISTRICT Pt 3700 RIVER DEVELOPMENT DI…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
5,181.57 ac
Top alternative use upside
Office building
$1.1M
+89.2%
Auto repair, garage
$720,000
+26.3%
Restaurant
$665,000
+16.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$570,000
Current use
OFFICE BUILDING
$1,080,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +26% · Conversion: Easy
RESTAURANT
$665,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$149 / 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
$12,936
Tax year 2023
Assessed value
$586,000
Assessed 2024
Previous assessed
$547,000
+7.1% YoY
Effective rate
2.21%
On assessed value
Assessed land
$233,176
Assessed improvement
$352,824
Land market value
$233,176
Improvement market value
$352,824
Total market value
$586,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
3
Total area
5,800 SF
Lot
1.39 ac (60,723 SF)
Zoning code
LI
APN
0120 013 02
UPID
US82-7247391
Jurisdiction
WICHITA
Zoning & alternative use
LI · Wichita Falls, TXZoning LI · permitted uses
LI · Wichita Falls, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CT § 3330 Purpose. § 3340 Permitted uses. § 3350 Conditional uses. § 3355 Development regulations. Pt 3360 LO-LIMITED OFFICE DISTRICT Pt 3370 LC-LIMITED COMMERCIAL DISTRICT Pt 3450 GC-GENERAL COMMERCIAL DISTRICT Pt 3510 LI-LIGHT INDUSTRIAL DISTRICT Pt 3580 HI-HEAVY INDUSTRIAL DISTRICT Pt 3640 PUD-PLANNED UNIT DEVELOPMENT DISTRICT Pt 3700 RIVER DEVELOPMENT DISTRICT (Outside Greater Downtown Zone) Pt 3715 BA-BROOK AVENUE DISTRICT Pt 3730 CC
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
5,181.57 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$570,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$720,000
RESTAURANT
Est. value
$665,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Buildings
3
Lot
1.39 ac
Current owner
From public records · entity-resolved
Aaa Whatley Self Storage LLC
Entity
Mailing address
3950 ARENA RD, WICHITA FALLS, TX 76310-5130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Aaa Whatley Storage LLC
—
Deed
related
$25,000 · Texoma Community Cu
Jul 1, 2019
—
Aaa Whatley Self Storage LLC
—
Deed
related
$332,706 · Texoma Community Cu
Nov 2, 2010
$391,000
Aaa Whatley Self Storage LLC
John Daugherty
Venders Lien
$391,000 · First National Bank Of Olney
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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