Office Units with Street
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132 Dallas Avenue, Weatherford, TX 76086
Flexible commercial space includes storage, designated parking, and a downtown Weatherford setting.
Property Size1,100 SF
Price / SF$1.37
Days on Market55
Property Features for 132 Dallas Avenue
General Information
Standard status
Active
Size
1,100 SF
Total Parking Spaces
2
Property subtype
Commercial
Amenities
storage
Building Details
Year Built
1900
Buildings
1
Building Size
1,100 SF
Listing Agency:
Momentum Real Estate Group,LLC
(817) 438-1500
Listed By:
Tom Harms · License #0694598
(817) 875-8493
Source:
Dallasandbeyond
Added: Sep 9
Changed: Oct 31
Last Checked: Nov 1 at 5:46AM
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 Momentum Real Estate Group,LLC
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Investment Insights
Based on property information with market context.
This approximately 1,098-SF office property at 132 Dallas Avenue provides a compact commercial setting with street visibility, storage, and 2 designated parking spaces. Built in 1900, the building is offered for tenant-led interior finish-out, allowing the layout and finishes to be completed for an approved commercial use.
The property is positioned in downtown Weatherford with convenient access and visibility from the street. Planned exterior work includes a new roof, front stucco, replacement windows, and a new entry door. A NNN lease structure places specified expenses and maintenance responsibilities with the tenant. Potential applications include office, salon, jewelry retail, and other commercial uses subject to applicable zoning and approvals.
The property is positioned in downtown Weatherford with convenient access and visibility from the street. Planned exterior work includes a new roof, front stucco, replacement windows, and a new entry door. A NNN lease structure places specified expenses and maintenance responsibilities with the tenant. Potential applications include office, salon, jewelry retail, and other commercial uses subject to applicable zoning and approvals.
Key Highlights
- Approximately 1,098 SF office property
- 2 designated parking spaces plus storage
- Downtown Weatherford location at 132 Dallas Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,925
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,500
$278.5K
Cap Rate 7%
$198,929
$198.9K
Cap Rate 9%
$154,722
$154.7K
Market Conditions
NOI Build-Up for 1,098 SF
Gross rent
$24.1K $21.96/SF
− Vacancy
−$5.5K −$5.05/SF
EGI
$18.6K $16.91/SF
− OpEx
−$4.6K −$4.23/SF
NOI
$13.9K $12.68/SF
Area
Parker County, TX
Vacancy
23.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,500
Cap Rate 7%
$198,929
Cap Rate 9%
$154,722
Alternative Uses
Best Use
Office B
$198.9K
$174.1K – $232.1K
NOI $13,925 @ 7.0% cap · market cap 928.33%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.09M
$954.7K – $1.27M
NOI $76,373 @ 7.0% cap · market cap 5,091.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial space includes storage, designated parking, and a downtown Weatherford setting.
Where is this office unit located?
The property is located at 132 Dallas Avenue Weatherford, TX.
What are key features of this property?
This property features: Approximately 1,098 SF office property; 2 designated parking spaces plus storage; Downtown Weatherford location at 132 Dallas Avenue
