Prime Location on South
1203 S Main Street, Weatherford, TX 76086
High-traffic location suitable for various business types.
Type:Commercial/Industrial
Property size:
1,090 SFLot size:
0.10 AcresPrice / SF:
$274/SF- Added:
- Mar 12, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 11:16 pm
Property Features for 1203 S Main Street
General Information
- Standard status
- Active
- Size
- 1,090 SF
- Lot size
- 0.10 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1978
Listing agent Marilyn Carter License #0257944
Listing office Exclusive Real Estate Services (682) 225-7585
Listing date Mar 12, 2026
Source Exitrealty
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 Exclusive Real Estate Services
HighLights
- Prime location on busy So. Main (Hwy 51) with high traffic, across from Whataburger and HTeaO, next to Weatherford 9th Grade Center and Rollin Ice Cream.
- Suitable for various business types (Law Office, Insurance, Retail, etc.) with a 50+ year history as a business location.
- Opportunity to use the existing building or rebuild a new structure.
- Front door parking for 6 vehicles with easy access to So. Main.
- Grandfathered signage rights available.
- Building structure, roof, and foundation are in good condition.
Overview
Located on South Main (Hwy 51), this property is situated across from Whataburger and HTeaO, and adjacent to the Weatherford 9th Grade Center and Rollin Ice Cream Store. The existing building, with a size of 1090 square feet, can be utilized or a new building can be constructed on the site. The property is suitable for a law office, insurance company, title company, real estate office, accountant, counseling service, boutique, or other service business, as it has been used for over 50 years. It features front door parking for 6 vehicles with easy access to South Main. Signage is grandfathered. The building structure, roof, and foundation are in good condition.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$194.9K
NOI $17,539 @ 9.00% cap · cautious / downside scenario
Moderate
$250.6K
NOI $17,539 @ 7.00% cap · market / base-case scenario
Aggressive
$350.8K
NOI $17,539 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $24.12 |
| − Vacancy | −$1.2k | −$1.13 |
| EGI | $25.1k | $22.99 |
| − OpEx | −$7.5k | −$6.90 |
| NOI | $17.5k | $16.09 |
1,090 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$250.6K
$219.2K – $292.3K
NOI $17,539 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.08M
$947.7K – $1.26M
NOI $75,816 @ 7.0% cap · market cap 25.36%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Sweeper Store
Home Appliance Store
Ol' Bill's Sweeper ...
Department Store
Location Insight
- Map
- Local Demand
- City
- Weatherford
- County
- Parker
- State
- Texas
- Longitude
- -97.7971
- Latitude
- 32.7451
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - High-traffic location suitable for various business types.
Where is this storefront property located?
The property is located at 1203 S Main Street Weatherford, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime location on busy So. Main (Hwy 51) with high traffic, across from Whataburger and HTeaO, next to Weatherford 9th Grade Center and Rollin Ice Cream.; Suitable for various business types (Law Office, Insurance, Retail, etc.) with a 50+ year history as a business location.; Opportunity to use the existing building or rebuild a new structure.
