Open-Plan Retail
New
For Sale
Contact for pricing
1886 Mineral Wells Highway #108, Weatherford, TX 76088
The adaptable layout can accommodate retail or office use, with a restroom and landlord-installed HVAC.
Property Size1,000 SF
Price / SF$1.60
Days on Market2
Property Features for 1886 Mineral Wells Highway #108
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Retail
Amenities
restroom
Building Details
Year Built
2009
Listing Agency:
CLARK REAL ESTATE GROUP
(817) 458-0402
Listed By:
Alice Borron · License #0371674
(817) 964-2088
Source:
Searsrealty
Added: Nov 1
Last Checked: Nov 1 at 3:52PM
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 CLARK REAL ESTATE GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot retail space offers an open, clear-span interior and a restroom. The landlord will install the HVAC system; the tenant is responsible for all other improvements.
Built in 2009, the space is also suitable for office use.
Built in 2009, the space is also suitable for office use.
Key Highlights
- 1,000 square feet of clear‑span open space
- Restroom in place
- Landlord to install HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,090
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,800
$321.8K
Cap Rate 7%
$229,857
$229.9K
Cap Rate 9%
$178,778
$178.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$24.1K $24.12/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$23.0K $22.99/SF
− OpEx
−$6.9K −$6.90/SF
NOI
$16.1K $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 Rate 5%
$321,800
Cap Rate 7%
$229,857
Cap Rate 9%
$178,778
Alternative Uses
Best Use
Retail
$229.9K
$201.1K – $268.2K
NOI $16,090 @ 7.0% cap · market cap 1,005.63%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$993.7K
$869.5K – $1.16M
NOI $69,556 @ 7.0% cap · market cap 4,347.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
Shell
Shops & Services
18,827 visits/mo
0.4 miles
SONIC Drive In
Dining
14,538 visits/mo
0.4 miles
Dollar General
Shops & Services
6,370 visits/mo
0.2 miles
Demographics for 76088, TX
13,794
Population
5,573
Households
2.5
Avg Household Size
42
Median Age
30%
College-Educated
93%
High-School Grad
161.5 sq mi
ZIP Area
85
Density / Sq Mi
$107,431
Median Household Income
$53,282
Median Earnings
$1,443
Median Rent
$374,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The adaptable layout can accommodate retail or office use, with a restroom and landlord-installed HVAC.
Where is this retail space located?
The property is located at 1886 Mineral Wells Highway #108 Weatherford, TX.
What are key features of this property?
This property features: 1,000 square feet of clear‑span open space; Restroom in place; Landlord to install HVAC system
