Multi-Tenant Industrial
For Sale
$3,775,000
2323 Tin Top Rd, Weatherford, TX 76087
Three-building complex offers grade-level loading access and metal construction for industrial occupants.
Property Size33,000 SF
Lot Size3.70 Acres
Price / SF$114.39
Days on Market93
Property Features for 2323 Tin Top Rd
General Information
Standard status
Active
Size
33,000 SF
Total Parking Spaces
40
Lot size
3.70 Acres
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
33
Additional Details
Highway Access
Yes
Amenities
Three-Building 33,000-Square-Foot Multi-Tenant Shallow-Bay Industrial Asset Situated on 3.70 Acres
Featuring 33 Units, Metal Construction, 12'-16' Clear Heights, 33 Grade-Level Doors, Three-Phase Heavy Power, 40 Parking Spaces, and Proximity to Downtown Fort Worth via I-20
Fully Leased at Average $10.20/SF, Generating 7.15% Cap Rate
Below-Market Short-Term Modified Gross Leases Create Value-Add Opportunity
Available Assumable Seller-Financing at Below-Market Rate
Outperforming Parker County Submarket with 6.9% Vacancy Rate vs. 8.5% DFW Market Average
Building Details
Building Size
33,000 SF
Year Built
2004
Buildings
3
Construction
metal
Tenancy
Multi
Listing Agency:
Dallas Office
Listed By:
Cole Collins · License #License(s): TX: 783678
(972) 755-5154
Source:
Marcusmillichap
Added: Aug 2
Changed: Oct 26
Last Checked: Nov 1 at 2:25AM
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 Dallas Office
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Investment Insights
Based on property information with market context.
This industrial warehouse property includes three metal buildings totaling 33,000 square feet of shallow-bay space on 3.70 acres. Built in 2004, the asset contains 33 units, with one grade-level door serving each unit. Clear heights range from 12 feet to 16 feet, supporting a range of warehouse and light industrial configurations. The property also provides 40 parking spaces for tenants and visitors.
Located at 2323 Tin Top Road in Weatherford, the property fronts Interstate 20 and is positioned 29 miles west of downtown Fort Worth. Its multi-tenant layout, individual loading access, and substantial site area provide a defined physical configuration for industrial occupancy.
Located at 2323 Tin Top Road in Weatherford, the property fronts Interstate 20 and is positioned 29 miles west of downtown Fort Worth. Its multi-tenant layout, individual loading access, and substantial site area provide a defined physical configuration for industrial occupancy.
Key Highlights
- 33,000‑square‑foot industrial warehouse asset on 3.70 acres
- Three‑building layout with 33 units
- Each unit includes a grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,477
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,589,540
$4.6M
Cap Rate 7%
$3,278,243
$3.3M
Cap Rate 9%
$2,549,744
$2.5M
Market Conditions
NOI Build-Up for 33,000 SF
Gross rent
$297.0K $9.00/SF
− Vacancy
−$27.0K −$0.82/SF
EGI
$270.0K $8.18/SF
− OpEx
−$40.5K −$1.23/SF
NOI
$229.5K $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%
$4,589,540
Cap Rate 7%
$3,278,243
Cap Rate 9%
$2,549,744
Alternative Uses
Best Use
Warehouse
$3.28M
$2.87M – $3.82M
NOI $229,477 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$32.79M
$28.69M – $38.26M
NOI $2,295,357 @ 7.0% cap · market cap 60.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
33
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76087, TX
33,346
Population
13,290
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
185.5 sq mi
ZIP Area
180
Density / Sq Mi
$108,499
Median Household Income
$59,622
Median Earnings
$1,775
Median Rent
$352,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- KO Storage — 2220 Tin Top Rd, Weatherford, TX 76087
- Lock Tight Mini Storage — 2220 Tin Top Rd, Weatherford, TX 76087
Frequently Asked Questions
What type of property is this?
Warehouse - Three-building complex offers grade-level loading access and metal construction for industrial occupants.
Where is this warehouse located?
The property is located at 2323 Tin Top Rd Weatherford, TX.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: 33,000‑square‑foot industrial warehouse asset on 3.70 acres; Three‑building layout with 33 units; Each unit includes a grade‑level door
