Fenced Automotive Repair
For Sale
$1,250,000
1327 FORT WORTH Highway, Weatherford, TX 76086
CommercialSale, Weatherford, TX
Property Size3,600 SF
Lot Size1.50 Acres
Price / SF$347.22
Days on Market228
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
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) 688-7245
Added: Feb 17
Changed: Sep 30
Last Checked: Oct 3 at 11:06AM
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 property includes an approximately 3,600-square-foot repair shop positioned behind the front building on a 1.5-acre site. The secured service area is enclosed with fencing, while additional open parking is available west of the drive beyond the fenced section. Concrete flooring, steel siding, an asphalt roof, public water, and public sewer are in place. The property was built in 1980.
A separate front building of approximately 2,000 square feet is leased to an individual company on a year-to-year basis and has separate utilities. The automotive operation has served Mercedes, Lexus, Toyota, Land Rover, and other import vehicles since 1989, with repair and service capabilities. The property is located at 1327 Fort Worth Highway in Weatherford, and TX DOT 2023 figures report 23,000 vehicles passing daily.
A separate front building of approximately 2,000 square feet is leased to an individual company on a year-to-year basis and has separate utilities. The automotive operation has served Mercedes, Lexus, Toyota, Land Rover, and other import vehicles since 1989, with repair and service capabilities. The property is located at 1327 Fort Worth Highway in Weatherford, and TX DOT 2023 figures report 23,000 vehicles passing daily.
Key Highlights
- Approximately 3,600 SF automotive repair shop on 1.5 acres
- Fenced service area with additional open parking west of the drive
- Approximately 2,000 SF front building leased year‑to‑year
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CARSTAR Roger Williams Collision Center
Shops & Services
1,032 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,016 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
- A1 Mobile Mechanic Services LLC — 304 Hickory Ln, Weatherford, TX 76086
- Weatherford Collision — 1518 Fort Worth Hwy, Weatherford, TX 76086
- 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
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair facility with a separate leased building, secured shop area, and public utilities serving the property.
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: Approximately 3,600 SF automotive repair shop on 1.5 acres; Fenced service area with additional open parking west of the drive; Approximately 2,000 SF front building leased year‑to‑year
