Corner Lot Retail
For Sale
$650,000
1301 N Main Street, Weatherford, TX 76086
Retail property on a corner lot with ample parking.
Property Size1,653 SF
Price / SF$393.22
Days on Market106
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: Aug 4 at 1:07PM
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
56k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 73%
Shops & Services 27%
Albertsons
Groceries
40,668 visits/mo
0.3 miles
Mobil
Shops & Services
6,238 visits/mo
0.5 miles
Exxon
Shops & Services
4,209 visits/mo
0.4 miles
Valero Energy
Shops & Services
3,758 visits/mo
0.4 miles
Pantry
Shops & Services
929 visits/mo
0.5 miles
Demographics for 76086, TX
21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
