Retail Property with Oversized
For Sale
$2,850,000
2020 Fort Worth Highway, Weatherford, TX 76086
Multi-building commercial site on 7.355 acres with oversized parking, high visibility, and easy access.
Property Size11,200 SF
Lot Size7.36 Acres
Price / SF$237.50
Days on Market31
Property Features for 2020 Fort Worth Highway
General Information
Standard status
Active
Size
11,200 SF
Lot size
7.36 Acres
Property subtype
Commercial
Zoning
COMMERCIAL
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Amenities
LED lights
security cameras
Building Details
Building Size
11,200 SF
Year Built
9999
Stories
2
Units
3
Listing Agency:
CLARK REAL ESTATE GROUP
(817) 597-8776
Listed By:
John McGuire · License #0668028
(817) 597-8776
Source:
Cornerstonehomeandranch
Added: Jul 24
Changed: Aug 23
Last Checked: Aug 23 at 3:28AM
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
Investment Insights
Based on property information with market context.
This versatile commercial property totals 7.355 acres and includes three separate buildings with 12,000+ square feet under roof. Improvements noted in the listing include LED lighting, fire suppression, and security cameras, along with oversized parking designed to support active retail operations.
The site is described as having high visibility, easy access, massive daily traffic counts, and rare highway frontage within a booming corridor.
The listing further indicates that approximately 6 acres are complete undeveloped land, providing additional flexibility for future development alongside the existing built area.
The site is described as having high visibility, easy access, massive daily traffic counts, and rare highway frontage within a booming corridor.
The listing further indicates that approximately 6 acres are complete undeveloped land, providing additional flexibility for future development alongside the existing built area.
Key Highlights
- 7.355‑acre commercial property on a US Highway with a clear lot
- 3 separate buildings totaling 12,000+ SF under roof
- Oversized parking on‑site
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
$193,085
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
6.77%
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%
$3,861,700
$3.9M
Cap Rate 7%
$2,758,357
$2.8M
Cap Rate 9%
$2,145,389
$2.1M
Market Conditions
NOI Build-Up for 12,000 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
$289.4K $24.12/SF
− Vacancy
−$13.6K −$1.13/SF
EGI
$275.8K $22.99/SF
− OpEx
−$82.8K −$6.90/SF
NOI
$193.1K $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 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%
$3,861,700
Cap Rate 7%
$2,758,357
Cap Rate 9%
$2,145,389
Alternative Uses
Best Use
Retail
$2.76M
$2.41M – $3.22M
NOI $193,085 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$11.92M
$10.43M – $13.91M
NOI $834,675 @ 7.0% cap · market cap 29.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,607 visits/mo
0.5 miles
Safelite AutoGlass
Shops & Services
386 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Multi-building commercial site on 7.355 acres with oversized parking, high visibility, and easy access.
Where is this retail space located?
The property is located at 2020 Fort Worth Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 7.355‑acre commercial property on a US Highway with a clear lot; 3 separate buildings totaling 12,000+ SF under roof; Oversized parking on‑site
