Multi-Building Flex
For Sale
Contact for pricing
113 Bennett Hills Drive, Weatherford, TX 76088
Five separate buildings provide a flexible commercial configuration for varied operational needs.
Property Size12,000 SF
Price / SF$183.33
Days on Market51
Property Features for 113 Bennett Hills Drive
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Industrial
Building Details
Buildings
5
Listing Agency:
LanCarte Commercial
Listed By:
Kristen Fegley · License #809492
(214) 668-2607
Source:
Crexi
Added: Sep 16
Changed: Nov 3
Last Checked: Nov 4 at 1:56PM
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 LanCarte Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space property comprises five separate buildings, each measuring 2,400 square feet, for a combined 12,000 square feet of improvements. The buildings are positioned on more than 3 acres, creating a multi-structure commercial layout suited to flex and industrial applications.
The property is located at 113 Bennett Hills Drive in Weatherford, Texas, within ZIP code 76088.
The property is located at 113 Bennett Hills Drive in Weatherford, Texas, within ZIP code 76088.
Key Highlights
- 12,000 square feet across five buildings
- Five buildings measuring 2,400 square feet each
- More than 3 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,984
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,680
$1.8M
Cap Rate 7%
$1,256,914
$1.3M
Cap Rate 9%
$977,600
$977.6K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$144.0K $12.00/SF
− Vacancy
−$8.6K −$0.72/SF
EGI
$135.4K $11.28/SF
− OpEx
−$47.4K −$3.95/SF
NOI
$88.0K $7.33/SF
Area
Parker County, TX
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,759,680
Cap Rate 7%
$1,256,914
Cap Rate 9%
$977,600
Alternative Uses
Best Use
Industrial
$11.92M
$10.43M – $13.91M
NOI $834,675 @ 7.0% cap · market cap 37.94%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $87,984 @ 7.0% cap · market cap 4.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Five separate buildings provide a flexible commercial configuration for varied operational needs.
Where is this flex space located?
The property is located at 113 Bennett Hills Drive Weatherford, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12,000 square feet across five buildings; Five buildings measuring 2,400 square feet each; More than 3 acres
