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    Liquor Store with Additional Retail Suite Title is generated by Realmo AI

    1228 Ranger Highway, Weatherford, TX 76086

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    Claim this Listing
    New
    For Sale
    $2,000,000

    Two-suite all-brick retail property includes climate-controlled humidor and flexible space for added rental income.

    Type:Retail
    Property size:
    2,500 SF
    Lot size:
    1.78 Acres
    Price / SF:
    $800/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:55 am

    Property Features for 1228 Ranger Highway

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    1.78 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    Marc Hildenbrand
    Marc Hildenbrand

    Listing agent Marc Hildenbrand

    Listing office Friedman Real Estate

    Listing date Jun 2, 2026

    Source Friedmanrealestate

    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 Friedman Real Estate

    HighLights

    • All‑brick retail property built in 2009 on 1.78 AC with two suites
    • Front suite totals ±2,500 SF and includes flexible storage space that can be rented to a retail tenant
    • Climate‑controlled humidor on site for liquor, beer, and wine storage
    • Steel framing with two roll‑up doors: 12' x 12' front and 12' x 14' rear
    • Room on the 1.78 AC lot for future expansion or new development

    Overview

    The property is an all-brick liquor store offering two suites within a single commercial building structure. The larger suite totals approximately 2,500 SF and currently includes a climate-controlled humidor. A second suite is set up for extra storage but can be converted to provide an additional rental opportunity for a retail tenant, supporting potential passive income for a new owner.

    Set on 1.78 acres with room for future expansion or new development, the building features steel framing and two roll-up doors for practical receiving and operations. The front roll-up door is approximately 12' x 12', and the rear roll-up door is approximately 12' x 14'. The property is presented for sale with inventory and benefits from strong staff in place to support a new buyer.

    For buyers seeking an established beverage retail business with an operating facility and optional additional tenant income, this configuration can be appealing. The combination of dedicated retail use, climate-controlled storage, and the ability to repurpose the storage suite can provide flexibility for operators and investors who want to diversify income within the same asset.
    Location Intelligence

    Current Use by Public Records

    APES LIQUOR STORE (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Flowers Warehouse — Weatherford, TX 76088

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.817367
    Latitude
    32.758049

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    FAQs

    What type of property is this?
    Storefront property - Two-suite all-brick retail property includes climate-controlled humidor and flexible space for added rental income.
    Where is this storefront property located?
    The property is located at 1228 Ranger Highway Weatherford, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: All‑brick retail property built in 2009 on 1.78 AC with two suites; Front suite totals ±2,500 SF and includes flexible storage space that can be rented to a retail tenant; Climate‑controlled humidor on site for liquor, beer, and wine storage
    (248) 848-4113
    We can help!
    Listing Contact
    Marc Hildenbrand
    Marc Hildenbrand
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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