Prime Location on South
For Sale
$299,000
1203 S Main Street, Weatherford, TX 76086
High-traffic location suitable for various businesses or redevelopment.
Property Size1,090 SF
Price / SF$274.31
Days on Market105
Property Features for 1203 S Main Street
General Information
Standard status
Active
Size
1,090 SF
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
Exclusive Real Estate Services
(682) 225-7585
Listed By:
Marilyn Carter · License #0257944
(682) 225-7585
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 10:34AM
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
Investment Insights
Based on property information with market context.
Located on South Main (Hwy 51), this property is situated across from Whataburger and HTeaO, and next to Weatherford 9th Grade Center and Rollin Ice Cream Store. The property offers the option to use the existing 1090 square foot building or rebuild a new structure in this high-traffic location. The site features front door parking for 6 vehicles with easy access to South Main. Grandfathered signage is available. The building structure, roof, and foundation are reported to be in good condition. The property has been used for service businesses for over 50 years and is suitable for a law office, insurance company, title company, real estate office, accountant, counseling service, boutique, or other service business.
Key Highlights
- Prime location on 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.
- Enjoy front door parking for 6 vehicles with easy access to So. Main.
Financial Insights For Retail
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 | $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 Uses
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
240k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 24%
Superstores 6%
Home Improvements & Furnishings 6%
RaceTrac
Shops & Services
39,174 visits/mo
0.5 miles
Braum's Ice Cream & Dairy Stores
Dining
25,828 visits/mo
0.3 miles
Whataburger
Dining
19,184 visits/mo
0.1 miles
SONIC Drive In
Dining
16,932 visits/mo
0.3 miles
Taco Casa
Dining
14,352 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - High-traffic location suitable for various businesses or redevelopment.
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 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.; Enjoy front door parking for 6 vehicles with easy access to So. Main.
