Mixed-Use Property with Office and
For Sale
Contact for pricing
1995 Ranger Highway, Weatherford, TX 76088
Flexible office and warehouse configuration with usable acreage, partial fencing, and outdoor storage options.
Property Size15,449 SF
Lot Size4.45 Acres
Price / SF$0.75
Days on Market51
Property Features for 1995 Ranger Highway
General Information
Standard status
Active
Size
15,449 SF
Lot size
4.45 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
2,420 SF
Building Details
Year Built
2011
Listing Agency:
Trinity Country Real Estate
(817) 594-8183
Listed By:
Matt Milligan · License #0500456
(817) 694-1121
Source:
Lonestarluxuryrealty
Added: Sep 11
Changed: Oct 29
Last Checked: Oct 30 at 5:07PM
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 Trinity Country Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use commercial property combines approximately 13,029 square feet of office space with 2,420 square feet of warehouse area. The layout supports professional, administrative, service, and light industrial operations, with approximately 4.45 fully usable acres providing room for outdoor storage and business activities. The site is partially fenced.
Located at 1995 Ranger Highway in Weatherford, the property is approximately 30 minutes west of Fort Worth and offers access to the Dallas-Fort Worth Metroplex. The surrounding area includes expanding residential and commercial development, while the Ranger Highway corridor provides regional connectivity. The property is positioned on the south side of Ranger Highway in Parker County.
Located at 1995 Ranger Highway in Weatherford, the property is approximately 30 minutes west of Fort Worth and offers access to the Dallas-Fort Worth Metroplex. The surrounding area includes expanding residential and commercial development, while the Ranger Highway corridor provides regional connectivity. The property is positioned on the south side of Ranger Highway in Parker County.
Key Highlights
- Approximately 13,029 SF of office space
- Approximately 2,420 SF of warehouse space
- Approximately 4.45 fully usable acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,430
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,600
$2.1M
Cap Rate 7%
$1,534,714
$1.5M
Cap Rate 9%
$1,193,667
$1.2M
Market Conditions
NOI Build-Up for 15,449 SF
Gross rent
$139.0K $9.00/SF
− Vacancy
−$12.7K −$0.82/SF
EGI
$126.4K $8.18/SF
− OpEx
−$19.0K −$1.23/SF
NOI
$107.4K $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%
$2,148,600
Cap Rate 7%
$1,534,714
Cap Rate 9%
$1,193,667
Alternative Uses
Best Use
Mixed Use
$3.05M
$2.66M – $3.55M
NOI $213,196 @ 7.0% cap · market cap 1,842.03%
Second Best
Office B
$2.80M
$2.45M – $3.27M
NOI $195,923 @ 7.0% cap · market cap 1,692.79%
Theoretical Best
Industrial
$15.35M
$13.43M – $17.91M
NOI $1,074,575 @ 7.0% cap · market cap 9,284.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible office and warehouse configuration with usable acreage, partial fencing, and outdoor storage options.
Where is this mixed-use property located?
The property is located at 1995 Ranger Highway Weatherford, TX.
What are key features of this property?
This property features: Approximately 13,029 SF of office space; Approximately 2,420 SF of warehouse space; Approximately 4.45 fully usable acres
