Historic Professional Office
107 N Alamo St, Weatherford, TX 76086
For Sale
$500,000
Converted historic office with select furnishings near the Parker County Courthouse and downtown Weatherford amenities.
Property Size2,122 SF
Price / SF$235.63
Days on Market107
Property Features for 107 N Alamo St
General Information
Standard status
Size
Additional Details
Furnished
Building Details
Year Built
Buildings
Listing Agency:
The Atkins Agency
Listed By:
Rees Atkins · License TX #0443430
(817) 980-8321
Source:
Yourdavisteam
Added: Jul 30
Changed: Nov 2
Last Checked: Nov 12 at 12:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Atkins Agency
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Investment Insights
Based on property information with market context.
Built in 1900, this 2,122-square-foot property combines historic character with a professional office configuration. The building has been converted for office use and currently operates as a law practice, with several desks and select furnishings included; additional details are available from the agent.
The property is located at 107 N Alamo St in Weatherford, within walking distance of the Parker County Courthouse and downtown shops, restaurants, and services. Its existing professional setup and central setting support continued office use for legal, accounting, consulting, or other professional services.
The property is located at 107 N Alamo St in Weatherford, within walking distance of the Parker County Courthouse and downtown shops, restaurants, and services. Its existing professional setup and central setting support continued office use for legal, accounting, consulting, or other professional services.
Key Highlights
- 2,122‑square‑foot professional office building
- Built in 1900 with historic character
- Currently operating as a law practice
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,911
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,220
$538.2K
Cap Rate 7%
$384,443
$384.4K
Cap Rate 9%
$299,011
$299.0K
Market Conditions
NOI Build-Up for 2,122 SF
Gross rent
$46.6K $21.96/SF
− Vacancy
−$10.7K −$5.05/SF
EGI
$35.9K $16.91/SF
− OpEx
−$9.0K −$4.23/SF
NOI
$26.9K $12.68/SF
Area
Parker County, TX
Vacancy
23.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,220
Cap Rate 7%
$384,443
Cap Rate 9%
$299,011
Alternative Uses
Best Use
Office B
$384.4K
$336.4K – $448.5K
NOI $26,911 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$533.0K
$466.4K – $621.9K
NOI $37,312 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
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Business Placement
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
$235,100
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Parker County, TX
Properties on Market for Office buildings in Parker County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Converted historic office with select furnishings near the Parker County Courthouse and downtown Weatherford amenities.
Where is this office building located?
The property is located at 107 N Alamo St Weatherford, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,122‑square‑foot professional office building; Built in 1900 with historic character; Currently operating as a law practice
