Fenced Automotive Repair
New
For Sale
$1,250,000
1327 FORT WORTH Highway, Weatherford, TX 76086
Established import-vehicle repair operation with secured grounds, separate leased space, and on-site parking.
Property Size3,600 SF
Price / SF$347.22
Days on Market2
Property Features for 1327 FORT WORTH Highway
General Information
Standard status
Active
Size
3,600 SF
Property subtype
CommercialSale
Site & Location
Traffic Count
23,000 vehicles/day
Fenced Yard
Yes
Building Details
Buildings
2
Listing Agency:
Mitchell Real Estate & Mgt, LL
(817) 550-6610
Listed By:
Lynn Mills · License #0439050
(817) 688-7245
Source:
Baldwingroupdallas
Added: Sep 14
Last Checked: Sep 14 at 2:37PM
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 Mitchell Real Estate & Mgt, LL
Investment Insights
Based on property information with market context.
This automotive property includes an approximately 3,600-square-foot repair shop positioned behind the front building. The facility supports full-service auto repair, including service work for Mercedes, Lexus, Toyota, Land Rover, and other imported vehicles. The shop area is enclosed by fencing, with additional open parking on the west side of the drive beyond the secured area.
An approximately 2,000-square-foot building at the front of the property is leased to an individual company on a year-to-year basis and has separate utilities. The property consists of three parcel IDs. An automotive specialty repair business operating since 1989 is available separately from the real estate, and TX DOT 2023 figures report 23,000 vehicles passing daily. Access to the shop is coordinated through the listing agent.
An approximately 2,000-square-foot building at the front of the property is leased to an individual company on a year-to-year basis and has separate utilities. The property consists of three parcel IDs. An automotive specialty repair business operating since 1989 is available separately from the real estate, and TX DOT 2023 figures report 23,000 vehicles passing daily. Access to the shop is coordinated through the listing agent.
Key Highlights
- Approximately 3,600 square feet of automotive repair shop space
- Automotive specialty repair operation serving customers since 1989
- Approximately 2,000‑square‑foot front building leased year‑to‑year
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,926
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,158,520
$1.2M
Cap Rate 7%
$827,514
$827.5K
Cap Rate 9%
$643,622
$643.6K
Market Conditions
NOI Build-Up for 3,600 SF
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.
Gross rent
$86.8K $24.12/SF
− Vacancy
−$4.1K −$1.13/SF
EGI
$82.8K $22.99/SF
− OpEx
−$24.8K −$6.90/SF
NOI
$57.9K $16.09/SF
Area
Parker County, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,158,520
Cap Rate 7%
$827,514
Cap Rate 9%
$643,622
Alternative Uses
Best Use
Industrial
$3.58M
$3.13M – $4.17M
NOI $250,403 @ 7.0% cap · market cap 20.03%
Second Best
Retail
$827.5K
$724.1K – $965.4K
NOI $57,926 @ 7.0% cap · market cap 4.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CARSTAR Roger Williams Collision Center
Shops & Services
1,032 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,016 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- A1 Mobile Mechanic Services LLC — 304 Hickory Ln, Weatherford, TX 76086
- Weatherford Collision — 1518 Fort Worth Hwy, Weatherford, TX 76086
- Trinity Paint & Body — 1600 Fort Worth Hwy, Weatherford, TX 76086
- ATS Outdoors — 1708 Fort Worth Hwy, Weatherford, TX 76086
- Texas Wholesale Used Tires — 907 Fort Worth Hwy, Weatherford, TX 76086
Frequently Asked Questions
What type of property is this?
Auto shop - Established import-vehicle repair operation with secured grounds, separate leased space, and on-site parking.
Where is this auto shop located?
The property is located at 1327 FORT WORTH Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 3,600 square feet of automotive repair shop space; Automotive specialty repair operation serving customers since 1989; Approximately 2,000‑square‑foot front building leased year‑to‑year
