Flex Industrial Warehouse with
121 Pistol Road Weatherford, TX 76085
For Sale
$899,999
COMMERCIAL - Weatherford, TX
Property Size7,800 SF
Lot Size2.04 Acres
Price / SF$115.38
Days on Market69
Property Features for 121 Pistol Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage, Open, Oversize
- Standard status
- Active
- APN
- R000106719
- Size
- 7,800 SF
- Lot size
- 2.04 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 9.950 LOT: 2 BLK: 1 SUBD: H D GREEN AD
- Tax Annual Amount
- 9
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Well
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency:
The Michael Group Real Estate
(817) 577-9000
Listed By:
Charles Horton · License #0546099
(214) 692-6400
Added: May 19
Changed: Jun 10
Last Checked: Jul 26 at 3:06AM
MLS# 21243471
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This improved flex industrial warehouse is offered with a fenced and gated outdoor storage yard, making it well-suited for contractor-oriented and industrial outdoor storage (IOS) users. The property includes approximately 7,800 square feet of enclosed warehouse space with overhead doors and concrete slabs. Interior accommodations comprise two offices and restrooms, supporting light office and operational needs on-site. For expanded flexibility, the yard includes electric and water service, and the property also features four horse stalls, which may provide optional hybrid use depending on an operator’s business requirements.
The offering is located at 121 Pistol Road in unincorporated Parker County, positioned just off Veal Station Rd. It is described as having no city zoning restrictions, with minimal development restrictions for the site, and ownership is offered as individual lots within a larger commercial development.
For buyers and operators, the combination of small-bay enclosed warehouse space and dedicated yard supports a practical owner-user profile for service businesses and contractors who need both storage and functional workspace. Investors should also consider the property for demand-driven IOS and light industrial usage, along with the noted build-to-suit opportunity for tailoring the facility to a specific office, warehouse, service, or hybrid application.
The offering is located at 121 Pistol Road in unincorporated Parker County, positioned just off Veal Station Rd. It is described as having no city zoning restrictions, with minimal development restrictions for the site, and ownership is offered as individual lots within a larger commercial development.
For buyers and operators, the combination of small-bay enclosed warehouse space and dedicated yard supports a practical owner-user profile for service businesses and contractors who need both storage and functional workspace. Investors should also consider the property for demand-driven IOS and light industrial usage, along with the noted build-to-suit opportunity for tailoring the facility to a specific office, warehouse, service, or hybrid application.
Key Highlights
- +/-2.040‑acre Lot B‑2R4 with +/-7,800 SF enclosed flex industrial warehouse (Year built 2023)
- Fenced and gated outdoor storage yard for contractor yard/industrial outdoor storage (IOS) use
- Warehouse layout includes two offices and restrooms, plus overhead doors and concrete slabs
Financial Insights For Flex RnD
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 | $93.6k | $12.00 |
| − Vacancy | −$5.6k | −$0.72 |
| EGI | $88.0k | $11.28 |
| − OpEx | −$30.8k | −$3.95 |
| NOI | $57.2k | $7.33 |
7,800 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$7.75M
$6.78M – $9.04M
NOI $542,539 @ 7.0% cap · market cap 60.28%
Second Best
Office B
$1.41M
$1.24M – $1.65M
NOI $98,919 @ 7.0% cap · market cap 10.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Improved warehouse with fenced and gated contractor yard, two offices, and outdoor storage capability for flex and service uses.
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 $899,999.
What are key features of this property?
This property features: +/-2.040‑acre Lot B‑2R4 with +/-7,800 SF enclosed flex industrial warehouse (Year built 2023); Fenced and gated outdoor storage yard for contractor yard/industrial outdoor storage (IOS) use; Warehouse layout includes two offices and restrooms, plus overhead doors and concrete slabs
