201 Rathgeber RdWichita Falls, TX 76302

Property Details for 201 Rathgeber Rd

Year built

2021

Lot size

22.00 AC

Property size (Sq ft)

29,100 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

4420 008 02

APU

442000802

Description

Exceptional investment opportunity: Rangers' Retreat Self Storage, a 2023-built, 28,700-square-foot facility in Wichita Falls, Texas, is offered at $1,700,000. This nine-building complex boasts 207 units (187 non-climate controlled), 20 uncovered parking spaces, and sits on a 6.35-acre lot. Currently operating at 33% occupancy, the property benefits from its strategic location near US 281 (5,762 average daily traffic), major retailers (Walmart, Starbucks, McDonald's within 1.1 miles), and Midwestern State University (2.8 miles, 5,324 students). The strong demographics include a 5-mile radius population of 61,555 with an average household income of $82,485. Construction features include gravel drives, steel and metal construction, perimeter fencing, gated access, and security cameras. The average non-climate unit size is 153 square feet. The property is remotely managed by the owner. This presents a compelling opportunity for growth and strong returns in a thriving market. APN: 124728. Address: 201 Rathgeber Rd, Wichita Falls, TX 76302.

• Alternative Use

  Use

  Valuation

  Residential

  $6,271,032

  Hospitality

  $5,744,232

  Educational

  $4,779,134

  Medical

  $4,943,495

  Retail

  $7,434,208

Location Insight

City

Wichita Falls

County

Wichita

State

Texas

Latitude

33.8406

Longitude

-98.4866

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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