Auto Specialty Repair
For Sale
$1,250,000
1327 FORT WORTH Highway, Weatherford, TX 76086
COMMERCIAL - Weatherford, TX
Property Size3,600 SF
Lot Size1.50 Acres
Price / SF$347.22
Days on Market182
Property Features for 1327 FORT WORTH Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Subdivision
MAJOR INDUSTRIAL
Directions
GPS FRIENDLY 1327 FT. WORTH
Standard status
Active
APN
R000047715
Size
3,600 SF
Lot size
1.50 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
separate utilities
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Concrete
Building materials
SteelSiding
Roof type
Asphalt
Listing Agency:
Mitchell Real Estate & Mgt, LL
(817) 550-6610
Listed By:
Lynn Mills · License #0439050
(817) 550-6610
Added: Feb 17
Changed: Aug 4
Last Checked: Aug 18 at 3:06AM
MLS# 20846441
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive specialty repair shop has operated since 1989 and is set up for full-service auto repairs. The shop is fenced for security, with open parking on the west side of the drive outside the fenced area. The main shop building is approximately 3,600 square feet and sits to the rear of the property. Steel siding, concrete flooring, and an asphalt roof are noted, with public water and public sewer service.
The property includes three parcel IDs and offers separate utilities. A building in the front of the property is leased to an individual company on a year-to-year basis; that leased building is approximately 2,000 square feet.
TXDOT 2023 numbers show 23,000 vehicles pass by daily. The location is listed as 1327 Fort Worth Highway in Weatherford, TX, and photos/aerials are available with access arranged through the listing agent with respect to the business and customers.
The property includes three parcel IDs and offers separate utilities. A building in the front of the property is leased to an individual company on a year-to-year basis; that leased building is approximately 2,000 square feet.
TXDOT 2023 numbers show 23,000 vehicles pass by daily. The location is listed as 1327 Fort Worth Highway in Weatherford, TX, and photos/aerials are available with access arranged through the listing agent with respect to the business and customers.
Key Highlights
- Auto specialty repair shop operating since 1989
- Fenced shop for security with open parking on west side of the drive
- 1.5 acres with three parcel IDs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,926
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,158,520
$1.2M
Cap Rate 7%
$827,514
$827.5K
Cap Rate 9%
$643,622
$643.6K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$86.8K $24.12/SF
− Vacancy
−$4.1K −$1.13/SF
EGI
$82.8K $22.99/SF
− OpEx
−$24.8K −$6.90/SF
NOI
$57.9K $16.09/SF
Area
Parker County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,158,520
Cap Rate 7%
$827,514
Cap Rate 9%
$643,622
Alternative Uses
Best Use
Industrial
$3.58M
$3.13M – $4.17M
NOI $250,403 @ 7.0% cap · market cap 20.03%
Second Best
Retail
$827.5K
$724.1K – $965.4K
NOI $57,926 @ 7.0% cap · market cap 4.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
94k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 32%
Home Improvements & Furnishings 21%
Dining 5%
Albertsons
Groceries
40,668 visits/mo
0.1 miles
Gibsons
Home Improvements & Furnishings
17,525 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
8,153 visits/mo
0.5 miles
Dollar General
Shops & Services
7,054 visits/mo
0.3 miles
Chevron
Shops & Services
5,292 visits/mo
0.5 miles
Demographics for 76086, TX
21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trinity Paint & Body — 1600 Fort Worth Hwy, Weatherford, TX 76086
- ATS Outdoors — 1708 Fort Worth Hwy, Weatherford, TX 76086
- Texas Wholesale Used Tires — 907 Fort Worth Hwy, Weatherford, TX 76086
- A1 Mobile Mechanic Services LLC — 304 Hickory Ln, Weatherford, TX 76086
- Weatherford Collision — 1518 Fort Worth Hwy, Weatherford, TX 76086
Frequently Asked Questions
What type of property is this?
Auto shop - Fenced automotive specialty repair shop on 1.5 acres with a leased front building and separate utilities.
Where is this auto shop located?
The property is located at 1327 FORT WORTH Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Auto specialty repair shop operating since 1989; Fenced shop for security with open parking on west side of the drive; 1.5 acres with three parcel IDs
