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    Prime Commercial Land Opportunity Title is generated by Realmo AI

    2800 Ranger Highway, Weatherford, TX 76088

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    For Sale
    $1,699,000

    Office - Weatherford, TX

    Type:Office
    Property size:
    1,800 SF
    Lot size:
    11.56 Acres
    Price / SF:
    $943/SF
    Added:
    May 27, 2026
    Days on Market:
    5
    Last Refresh:
    May 31 at 4:06 am

    Property Features for 2800 Ranger Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Driveway, Garage, Gated, Workshop
    Standard status
    Active
    APN
    R000045815
    Size
    1,800 SF
    Lot size
    11.56 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Flooring type
    Engineered Wood
    Building materials
    Board & Batten Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Michele Colafrancesco

    Listing agent Michele Colafrancesco License #0700453

    Listing office Ivy House Realty 2915 Ranger Hwy, Flower Mound, TX

    Listing date May 27, 2026

    MLS# 21225186 Listing URL

    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.

    HighLights

    • 11.56‑acre commercial property with high‑traffic frontage on Ranger Highway (Spur 312).
    • Minutes from Interstate 20 and Downtown Weatherford in a rapidly growing corridor.
    • Includes an approximately 1,800 SF structure ready for immediate office/business use.
    • Expansive open acreage allows for seamless expansion, redevelopment, or custom development.
    • Large shop and multiple storage areas to support a variety of operations.
    • Extensive road frontage provides maximum visibility and accessibility.

    Overview

    This 11.56-acre commercial property offers high visibility and frontage on Ranger Highway (Spur 312), located minutes from Interstate 20 and Downtown Weatherford. Situated in a rapidly growing area, the property is suitable for commercial, retail, industrial, or mixed-use development. It features extensive road frontage, providing visibility and accessibility. The property includes an approximately 1,800 SF structure suitable for office or business use, along with a large shop and multiple storage areas. The open acreage allows for expansion, redevelopment, or custom development. Conceptual renderings for office and industrial use are available.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $198.1k $110.04
    − Vacancy −$19.2k −$10.67
    EGI $178.9k $99.37
    − OpEx −$53.7k −$29.81
    NOI $125.2k $69.56
    1,800 SF · lease $110.04/SF/yr · vacancy 9.70% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $1.79M
    $1.57M – $2.09M (±1% cap)
    NOI $125,201 @ 7.0% cap · market cap 7.37%
    Second Best
    Retail
    $413.8K
    $362.0K – $482.7K (±1% cap)
    NOI $28,963 @ 7.0% cap · market cap 1.70%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.866412
    Latitude
    32.735239

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    FAQs

    What type of property is this?
    Commercial land - 11.56-acre commercial property with high visibility in Weatherford, TX.
    Where is this commercial land located?
    The property is located at 2800 Ranger Highway Weatherford, TX.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: 11.56‑acre commercial property with high‑traffic frontage on Ranger Highway (Spur 312).; Minutes from Interstate 20 and Downtown Weatherford in a rapidly growing corridor.; Includes an approximately 1,800 SF structure ready for immediate office/business use.
    (817) 980-2635
    We can help!
    Listing Contact
    Michele Colafrancesco
    Real Estate License ID: 0700453
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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