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    5989 N Fm 51 Hwy N Weatherford, TX 76085

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    For Sale
    $2,500,000

    Two climate-controlled storage buildings with hospitality suite and liquor license.

    Lot size:
    2.25 Acres

    Property Features for 5989 N Fm 51 Hwy N

    General Information

    Lot size
    2.25 Acres

    Building Details

    Year built
    2024

    Source: Exclusive Real Estate Services Agent Marilyn Carter

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

    Overview

    Climate-Controlled Storage Facilities with Hospitality Suite

    This property features two climate-controlled storage facilities, one 5,000 square feet and the other 4,000 square feet, designed for the display, maintenance, and storage of classic vehicles. Each building includes office spaces, overhead doors, restrooms, and maintenance materials storage. Exterior covered carports are available for display, complemented by extensive concrete parking. A third freestanding building serves as a hospitality suite, complete with a kitchen, dining area, conversation and reception area, a full bar area, and restrooms. An outdoor dining and dancing or gathering area is present, along with a separate covered bandstand. A liquor license is pending, contingent upon completion of additional special septic and water well requirements. The seller is interested in a long-term leaseback of the space. The property offers enumerable possibilities for use.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.696
    Latitude
    32.8532

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    FAQs

    What type of property is this?
    Warehouse - Two climate-controlled storage buildings with hospitality suite and liquor license.
    Where is this warehouse located?
    The property is located at 5989 N Fm 51 Hwy N Weatherford, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Two climate-controlled storage facilities (5000 sq ft and 4000 sq ft) with office spaces, restrooms, and maintenance storage.; - Hospitality suite featuring a kitchen, dining area, reception area, full bar, restrooms, and outdoor entertainment space.; - Designed for classic vehicle display, maintenance, and storage.
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    Realmo Value Estimation

    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.

    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.

    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
    5989 N Fm 51 Hwy N Weatherford, TX 76085
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