Improved Flex Industrial Outdoor
121 Pistol Road Weatherford, TX 76085
New
121 Pistol Road, Weatherford, TX, 76085
$1,325,000
For Sale
$1,325,000
Fully improved outdoor storage site with a climate-controlled showroom-office and fenced, gated yard for flex industrial use.
Property Size5,425 SF
Lot Size2.45 Acres
Price / SF$244.24
Days on Market2
Property Features for 121 Pistol Road
General Information
- Standard status
- Active
- Size
- 5,425 SF
- Lot size
- 2.45 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing agency
The Michael Group Real Estate
(469) 363-0209
Listed by
Charles Horton · License #0546099
(469) 363-0209
Source
Cornerstonehomeandranch
Added: Jul 21 Updated: Jul 22 at 11:46AM Checked: Jul 22 at 11:46AM
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 The Michael Group Real Estate
Investment Insights
Based on property information with market context.
Lot A-2R1 is a 2.452-acre flex industrial development for sale in unincorporated Parker County, just off Veal Station Rd. The property is fully improved for immediate operation, with more than 17,000 SF of improvements including a 5,425 SF climate-controlled showroom-office with restrooms and two covered outdoor storage-display structures totaling 11,700 SF (9,600 SF + 2,100 SF).
The site includes overhead doors, spray foam insulation, and concrete slabs, along with a fenced and gated yard suited to outdoor storage. Ownership offers build-to-suit capabilities, allowing customization for office, warehouse, service, or hybrid applications.
Positioned with no zoning, no city entitlements, and minimal development restrictions, the lot is designed to support contractor-oriented and automotive-related outdoor use.
The site includes overhead doors, spray foam insulation, and concrete slabs, along with a fenced and gated yard suited to outdoor storage. Ownership offers build-to-suit capabilities, allowing customization for office, warehouse, service, or hybrid applications.
Positioned with no zoning, no city entitlements, and minimal development restrictions, the lot is designed to support contractor-oriented and automotive-related outdoor use.
Key Highlights
- Lot A‑2R1 is a 2.452‑acre fully improved outdoor storage site in unincorporated Parker County
- Includes over 17,000 SF of improvements with overhead doors, spray foam insulation, and concrete slabs
- Climate‑controlled 5,425 SF showroom‑office with restrooms
Local 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 | $130.9k | $24.12 |
| − Vacancy | −$6.1k | −$1.13 |
| EGI | $124.7k | $22.99 |
| − OpEx | −$37.4k | −$6.90 |
| NOI | $87.3k | $16.09 |
5,425 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$5.39M
$4.72M – $6.29M
NOI $377,343 @ 7.0% cap · market cap 28.48%
Second Best
Retail
$1.25M
$1.09M – $1.45M
NOI $87,291 @ 7.0% cap · market cap 6.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully improved outdoor storage site with a climate-controlled showroom-office and fenced, gated yard for flex industrial use.
Where is this flex space located?
The property is located at 121 Pistol Road Weatherford, TX.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Lot A‑2R1 is a 2.452‑acre fully improved outdoor storage site in unincorporated Parker County; Includes over 17,000 SF of improvements with overhead doors, spray foam insulation, and concrete slabs; Climate‑controlled 5,425 SF showroom‑office with restrooms
