Corner Lot Retail
1301 N Main Street Weatherford, TX 76086
For Sale
$650,000
Retail property on a corner lot with ample parking.
Property Size1,653 SF
Price / SF$393.22
Days on Market97
Property Features for 1301 N Main Street
General Information
- Standard status
- Active
- Size
- 1,653 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing Agency:
Exit Realty Pro
(903) 288-2047
Listed By:
Debbie Murdock · License #0512902
(903) 288-2047
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 6:04PM
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 Exit Realty Pro
Investment Insights
Based on property information with market context.
This retail property is situated on a corner lot at the intersection of North Main Street and 4th Street, benefiting from an estimated traffic count of 2,000 cars per day. The building offers approximately 1,653 square feet of space and features updates including HVAC. A spacious parking lot provides ample parking. City requirements for curbs and sidewalks were completed in 2022. The property also includes a storm shelter.
Key Highlights
- High‑traffic corner lot location at the intersection of North Main Street and 4th Street (estimated 2,000 cars per day).
- Spacious parking lot with ample parking.
- Building with approximately 1,653 square feet.
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 | $39.9k | $24.12 |
| − Vacancy | −$1.9k | −$1.13 |
| EGI | $38.0k | $22.99 |
| − OpEx | −$11.4k | −$6.90 |
| NOI | $26.6k | $16.09 |
1,653 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$380.0K
$332.5K – $443.3K
NOI $26,598 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.64M
$1.44M – $1.92M
NOI $114,977 @ 7.0% cap · market cap 17.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retro Snow
Food Processing Plant
CarnicerÃa Las Delicias ...
Grocery & Convenience Store
Louie's Antiques
Home Decor Store
Gypsy Jewels Deli ...
Restaurant
FAQs
What type of property is this?
Storefront property - Retail property on a corner lot with ample parking.
Where is this storefront property located?
The property is located at 1301 N Main Street Weatherford, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High‑traffic corner lot location at the intersection of North Main Street and 4th Street (estimated 2,000 cars per day).; Spacious parking lot with ample parking.; Building with approximately 1,653 square feet.
