Multi-Building Industrial Flex
For Sale
$2,749,000
3008 Ranger Highway, Weatherford, TX 76088
COMMERCIAL - Weatherford, TX
Property Size20,506 SF
Lot Size10.31 Acres
Price / SF$134.06
Days on Market14
Property Features for 3008 Ranger Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Outside of City Limits
Parking features
Paved or Surfaced
Subdivision
BUSTER M W
Directions
From I-20 in Weatherford, travel west. Exit 403. Turn right at stop sign. Turn right on Ranger Hwy. Property will be on your left.
Standard status
Active
APN
R000063702
Lot size
10.31 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
2010
Floors in Building
1
Number of units
6
Flooring type
Concrete, Vinyl
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Cornerstone Home and Ranch
(940) 452-7915
Listed By:
Jenna Sims · License #TX0679015
(940) 452-7915
Added: Jul 18
Last Checked: Jul 31 at 3:06AM
MLS# 21002886
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 industrial flex property features six freestanding metal buildings designed to support flexible operations and a potential multi-tenant layout. The improvements include three 3,200-square-foot shop and office buildings built in 2016, a 5,500-square-foot clear-span shop, a 2,250-square-foot warehouse, and a 1,650-square-foot standalone office built in 2012. A 30x30 wash bay added in 2015 includes floor drains and two dedicated tanks. The site includes a fully fenced perimeter with multiple access points and additional yard space.
The property is positioned adjacent to a major power substation at 3008 Ranger Highway in Weatherford, Texas, and is described as approximately half a mile from I-20. Power service is provided via 2-phase power for the majority of the property, with Shop 6 supported by 3-phase power for higher-load equipment. Each building is individually metered.
Additional infrastructure includes two private water wells and six septic systems. The property is currently partially owner-occupied and is offered with the ability to be delivered fully vacant at closing, providing immediate flexibility for the next user.
The property is positioned adjacent to a major power substation at 3008 Ranger Highway in Weatherford, Texas, and is described as approximately half a mile from I-20. Power service is provided via 2-phase power for the majority of the property, with Shop 6 supported by 3-phase power for higher-load equipment. Each building is individually metered.
Additional infrastructure includes two private water wells and six septic systems. The property is currently partially owner-occupied and is offered with the ability to be delivered fully vacant at closing, providing immediate flexibility for the next user.
Key Highlights
- 10.31‑acre industrial property with approximately 20,506 SF of improvements
- Six freestanding metal buildings: 3,200 SF shop/office (x3, built 2016), 5,500 SF clear‑span shop, 2,250 SF warehouse, 1,650 SF standalone office (built 2012)
- Power‑ready setup: majority 2‑phase power; Shop 6 includes 3‑phase power; each building individually metered
Financial Insights For Flex RnD
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 | $246.1k | $12.00 |
| − Vacancy | −$14.8k | −$0.72 |
| EGI | $231.3k | $11.28 |
| − OpEx | −$81.0k | −$3.95 |
| NOI | $150.3k | $7.33 |
20,506 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$20.38M
$17.83M – $23.77M
NOI $1,426,321 @ 7.0% cap · market cap 51.89%
Second Best
Office B
$3.72M
$3.25M – $4.33M
NOI $260,055 @ 7.0% cap · market cap 9.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76088, TX
13,794
Population
5,573
Households
2.5
Avg Household Size
42
Median Age
30%
College-Educated
93%
High-School Grad
161.5 sq mi
ZIP Area
85
Density / Sq Mi
$107,431
Median Household Income
$53,282
Median Earnings
$1,443
Median Rent
$374,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Six individually metered metal buildings on a fully fenced site, with wash bay infrastructure and multi-phase power.
Where is this flex space located?
The property is located at 3008 Ranger Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $2,749,000.
What are key features of this property?
This property features: 10.31‑acre industrial property with approximately 20,506 SF of improvements; Six freestanding metal buildings: 3,200 SF shop/office (x3, built 2016), 5,500 SF clear‑span shop, 2,250 SF warehouse, 1,650 SF standalone office (built 2012); Power‑ready setup: majority 2‑phase power; Shop 6 includes 3‑phase power; each building individually metered
