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Property profile & analytics
OFF-MARKET
Retail space
817 Scott Ave Wichita Falls, TX 76301-6519
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6667258
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
BRICK
Total area
14,952 SF
Lot
0.17 ac (7,501 SF)
Zoning code
CBD
APN
0020 682 00
UPID
US82-6667258
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oliver Branch Investments LLC · 6 yrs held
Oliver Branch Investments LLC
since 2019
4 recorded transactions
Zoning & alternative use
CBD · 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
$3,797
Tax year 2023
Assessed value
$178,720
Assessed 2024
Previous assessed
$160,544
+11.3% YoY
Effective rate
2.12%
On assessed value
Assessed land
$15,002
Assessed improvement
$163,718
Land market value
$15,002
Improvement market value
$163,718
Total market value
$178,720
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
BRICK
Heating
NONE
Units
1
Total area
14,952 SF
Lot
0.17 ac (7,501 SF)
Zoning code
CBD
APN
0020 682 00
UPID
US82-6667258
Jurisdiction
WICHITA
Zoning & alternative use
CBD · Wichita Falls, TX
Zoning CBD · permitted uses
CBD · 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
1926
Construction
BRICK
Heating
NONE
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Oliver Branch Investments LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3403 STIRLING ST, WICHITA FALLS, TX 76310-1763
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2019
—
Oliver Branch Investments LLC
Vectra 3 LLC
Warranty Deed
—
Jan 16, 2018
—
Vectra 3 LLC
B&r Acquisitons LLC
Warranty Deed
—
Dec 29, 2017
—
Vectra 3 LLC
B And R Acquisition LLC
Quit Claim Deed
related
—
Nov 2, 2017
—
B And R Acquisitions LLC
Mark A Toby
Venders Lien
$72,000 · First Bank
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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