Corner Lot Retail
1301 N Main Weatherford, TX 76086
For Sale
$650,000
COMMERCIAL - Weatherford, TX
Property Size1,653 SF
Lot Size0.39 Acres
Price / SF$393.22
Days on Market1347
Property Features for 1301 N Main
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 11020.022.009.00
- Size
- 1,653 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- Legal: Acres: 0.393, Lot: 9 PT 10, Blk: 22, Subd:
Listing Agency:
Exit Realty Pro
(903) 567-7777
Listed By:
Michael Murdock · License #0510964
(903) 567-7777
Added: Nov 16, 2022
Changed: Jun 16
Last Checked: Jul 25 at 8:06AM
MLS# 99380
Copyright © 2026 Henderson County Board of REALTORS®. 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 corner lot retail building offers approximately 1,653 square feet and features updates including HVAC, along with a storm shelter on the property. The site includes a spacious parking lot with ample parking available.
The property is located at the busy intersection of North Main Street and 4th Street, with an estimated traffic count of 2,000 cars per day. City requirements for curbs and sidewalks were completed in 2022.
Owner financing is available.
The property is located at the busy intersection of North Main Street and 4th Street, with an estimated traffic count of 2,000 cars per day. City requirements for curbs and sidewalks were completed in 2022.
Owner financing is available.
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 available.
- 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?
Retail space - Retail building on a corner lot with updated HVAC, ample parking, and a storm shelter on site.
Where is this retail space located?
The property is located at 1301 N Main 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 available.; Building with approximately 1,653 square feet.
