Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15124 Old Weatherford Rd Aledo, TX 76008

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land available for lease in a master-planned community.

    Lot size:
    1.47 Acres

    Property Features for 15124 Old Weatherford Rd

    General Information

    Lot size
    1.47 Acres

    We can help!

    Listing Contact
    Mason Duperier
    Mason Duperier
    Source: Moodyscre

    Listing Agent: Mason Duperier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land for Lease in Aledo

    This property is neighborhood retail and land situated on a hard corner at the main entrance to Morningstar and Walsh Ranch Development. The development is an $850,000,000 master-planned community featuring over 2,100 single-family homes.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Florist Hair Salon Clothing Store Nail Salon Kitchen & Bath Plumbing Service Auto Repair Shop Gym & Fitness Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Aledo
    County
    Parker
    State
    Texas
    Longitude
    -97.599116
    Latitude
    32.744417

    Nearby Similar for Lease

    • $17 SF/Yr
      57,499 SF

      Aledo Flex Space with Warehouse

      Versatile flex space with offices and warehouse functionality in Aledo.
      118 Marble Ct, Aledo, TX 76008
      View Details
    • Contact for pricing
      420 SF

      Retail Space with Pet Amenities

      Single-story retail space with pet amenities and freeway exposure.
      120 Bear Cat Rd, Aledo, TX 76008
      View Details
    • Contact for pricing
      10,000 SF

      Aledo Medical Office Space For Lease

      Prime Medical Office Building, Aledo, TX
      107-113 Larson Ln, Aledo, TX 76008
      View Details
    • $18 SF/Yr
      25,000 SF

      Broadway Business Park: Aledo, TX

      Flexible Office Space in Aledo, TX
      000 Broadway Aledo Tx, Aledo, TX 76008
      View Details
    • $28 SF/Yr
      3,613 SF

      Aledo Retail Center: Prime Location

      Two retail spaces available, high-growth area.
      709 Fm 1187, Aledo, TX 76008
      View Details
    • $3,800 /Mo
      3,800 SF

      Retail, Office, and Warehouse Space

      Retail, office, and warehouse spaces available for lease.
      9901 E Bankhead Hwy, Aledo, TX 76008
      View Details
    • $17 SF/Yr
      10,050 SF

      Marble Court Flex Space in Aledo

      Prime Aledo flex space; 1,250-2,500 sq ft available.
      118 Marble Ct, Aledo, TX 76008
      View Details
    • Contact for pricing
      13,092 SF

      Aledo Warehouse with Outside Storage

      13,092 SF warehouse with 5.0 AC outside storage.
      Bear Cat Rd, Aledo, TX 76008
      View Details
    • $20 SF/Yr
      1,250 SF

      Aledo Office/Medical Space Available

      Office and medical space for lease in Aledo, Texas.
      111 Larson Ln, Aledo, TX
      View Details
    • $2,666 /Mo
      1,777 SF

      Office and Warehouse Space Available

      Office and warehouse space with expansion options in 2023.
      9905 E Bankhead Hwy, Aledo, TX 76008
      View Details
    • Contact for pricing
      4,396 SF

      Aledo Office Space For Rent

      Office space available in a high-visibility Aledo development.
      245 Willow Bend Dr, Aledo, TX
      View Details
    • $13 SF/Yr
      2,700 SF

      Aledo Industrial Space Available

      Industrial space featuring offices, reception area, and freeway access.
      550 Bear Cat Rd, Aledo, TX 76008
      View Details

    FAQs

    What type of property is this?
    Land - Land available for lease in a master-planned community.
    Where is this land located?
    The property is located at 15124 Old Weatherford Rd Aledo, TX.
    What are key features of this property?
    This property features: - Located on a hard corner at the main entrance to Morningstar and Walsh Ranch Development; - Part of an $850,000,000 Master-planned development; - Development includes over 2,100 single-family homes
    (214) 234-2555
    Request Owner's contact information
    15124 Old Weatherford Rd Aledo, TX 76008
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15124 Old Weatherford Rd
    Aledo, TX 76008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    15124 Old Weatherford Rd Aledo, TX 76008
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mason Duperier
    Mason Duperier
    (214) 234-2555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.