Warehouse with Two Overhead
New
For Sale
Contact for pricing
1886 Mineral Wells Highway #302, Weatherford, TX 76088
Includes two private offices, two restrooms, and four pedestrian entrances.
Property Size4,000 SF
Price / SF$0.75
Days on Market5
Property Features for 1886 Mineral Wells Highway #302
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Warehouse
Building Details
Year Built
2009
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:30PM
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 Magnorum Realty Services, LLC
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 4,000-square-foot warehouse was built in 2009 and includes two offices, two restrooms, two 12-by-14-foot overhead doors, and four pedestrian doors.
The warehouse complex sits behind a retail strip center fronting Mineral Wells Highway.
The warehouse complex sits behind a retail strip center fronting Mineral Wells Highway.
Key Highlights
- 4,000‑square‑foot warehouse built in 2009
- Two 12x14 overhead doors
- Two offices and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,815
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,300
$556.3K
Cap Rate 7%
$397,357
$397.4K
Cap Rate 9%
$309,056
$309.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$36.0K $9.00/SF
− Vacancy
−$3.3K −$0.82/SF
EGI
$32.7K $8.18/SF
− OpEx
−$4.9K −$1.23/SF
NOI
$27.8K $6.95/SF
Area
Parker County, TX
Vacancy
9.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,300
Cap Rate 7%
$397,357
Cap Rate 9%
$309,056
Alternative Uses
Best Use
Warehouse
$397.4K
$347.7K – $463.6K
NOI $27,815 @ 7.0% cap · market cap 927.17%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$3.97M
$3.48M – $4.64M
NOI $278,225 @ 7.0% cap · market cap 9,274.17%
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
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Similar Off Market Nearby
- Storage building — 1550 Ranger Hwy, Weatherford, TX 76088
- Storage of Weatherford — 445 Ric Williamson Memorial Hwy, Weatherford, TX 76088
- Brazos Movers Texas — 1305 Ranger Hwy, Weatherford, TX 76086
- Overflow Garage — 1211 Ranger Hwy, Weatherford, TX 76086
Frequently Asked Questions
What type of property is this?
Warehouse - Includes two private offices, two restrooms, and four pedestrian entrances.
Where is this warehouse located?
The property is located at 1886 Mineral Wells Highway #302 Weatherford, TX.
What are key features of this property?
This property features: 4,000‑square‑foot warehouse built in 2009; Two 12x14 overhead doors; Two offices and two restrooms
