Retail Space with Highway
For Sale
$2,850,000
2020 FORT WORTH Highway, Weatherford, TX 76086
CommercialSale, Weatherford, TX
Property Size11,200 SF
Lot Size7.36 Acres
Price / SF$254.46
Days on Market49
Property Features for 2020 FORT WORTH Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
COMMERCIAL
Parking features
Carport
Security features
Security
Vegetation
Brush
Lot features
Acreage, Cleared, Few Trees
Directions
GPS 2020 FORT WORTH HWY
Standard status
Active
APN
R000041959
Size
11,200 SF
Lot size
7.36 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Well, Public
Amenities
LED lights
security cameras
Building Details
Floors in Building
2
Number of units
3
Flooring type
Concrete
Building materials
AluminumSiding, MetalSiding
Roof type
Metal
Listing Agency:
CLARK REAL ESTATE GROUP
(817) 458-0402
Listed By:
John McGuire · License #0668028
(817) 578-0609
Added: Jul 15
Changed: Aug 29
Last Checked: Sep 1 at 5:06PM
MLS# 21190522
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property spans 7.355 acres and includes three separate buildings totaling 11,200 square feet. The improvements feature metal roofing, aluminum and metal siding, concrete flooring, electric heating and cooling, LED lighting, fire suppression, and security cameras. Carport parking is provided, with approximately 6 acres of the site remaining undeveloped.
The property fronts Fort Worth Highway in Weatherford and is served by public water, a well, and public sewer. The combination of existing retail improvements, parking, highway frontage, and additional land supports a range of commercial configurations within the Retail space classification.
The property fronts Fort Worth Highway in Weatherford and is served by public water, a well, and public sewer. The combination of existing retail improvements, parking, highway frontage, and additional land supports a range of commercial configurations within the Retail space classification.
Key Highlights
- 7.355‑acre retail property on Fort Worth Highway
- Three separate buildings totaling 11,200 square feet
- Approximately 6 acres remain undeveloped
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
$180,213
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
6.32%
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%
$3,604,260
$3.6M
Cap Rate 7%
$2,574,471
$2.6M
Cap Rate 9%
$2,002,367
$2.0M
Market Conditions
NOI Build-Up for 11,200 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
$270.1K $24.12/SF
− Vacancy
−$12.7K −$1.13/SF
EGI
$257.4K $22.99/SF
− OpEx
−$77.2K −$6.90/SF
NOI
$180.2K $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%
$3,604,260
Cap Rate 7%
$2,574,471
Cap Rate 9%
$2,002,367
Alternative Uses
Best Use
Retail
$2.57M
$2.25M – $3.00M
NOI $180,213 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$11.13M
$9.74M – $12.98M
NOI $779,030 @ 7.0% cap · market cap 27.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road 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 - Three-building commercial site with parking, LED lighting, fire suppression, and security cameras.
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 retail property on Fort Worth Highway; Three separate buildings totaling 11,200 square feet; Approximately 6 acres remain undeveloped
