Mixed-Use Property with Restaurant
For Sale
Contact for pricing
2524 Azle Highway, Weatherford, TX 76085
A separate office area, outdoor patio, and restaurant features support a range of business configurations.
Property Size4,000 SF
Price / SF$1.38
Days on Market12
Property Features for 2524 Azle Highway
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Restaurant
Commercial Hood
Yes
Patio
Yes
Equipment Included
Yes
Building Details
Year Built
2010
Buildings
1
Listing Agency:
HARBCO Realty
(940) 550-5019
Listed By:
Zachary Graham · License #0799510
(940) 452-4735
Source:
Ember-realty
Added: Oct 19
Changed: Oct 29
Last Checked: Oct 28 at 4:51PM
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 HARBCO Realty
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Investment Insights
Based on property information with market context.
Built in 2010, this mixed-use commercial property contains approximately 4,000 square feet, with about 3,000 square feet configured for restaurant use and a distinct 1,000-square-foot office area. Restaurant features include an installed vent hood and an ice machine. An outdoor patio and on-site parking add to the property’s facilities, and the building is serviced by a private water well.
The property is located on Azle Highway in Weatherford. Any intended use must meet applicable TCEQ requirements, which the tenant is responsible for verifying and observing.
The property is located on Azle Highway in Weatherford. Any intended use must meet applicable TCEQ requirements, which the tenant is responsible for verifying and observing.
Key Highlights
- Approximately 4,000 square feet total, including approximately 3,000 square feet of restaurant space and 1,000 square feet of separate office space
- Restaurant area includes an installed vent hood and an ice machine
- Outdoor patio and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,200
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,000
$1.1M
Cap Rate 7%
$788,571
$788.6K
Cap Rate 9%
$613,333
$613.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$96.0K $24.00/SF
− Vacancy
−$7.7K −$1.92/SF
EGI
$88.3K $22.08/SF
− OpEx
−$33.1K −$8.28/SF
NOI
$55.2K $13.80/SF
Area
Parker County, TX
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,000
Cap Rate 7%
$788,571
Cap Rate 9%
$613,333
Alternative Uses
Best Use
Specialty Retail
$984.1K
$861.1K – $1.15M
NOI $68,887 @ 7.0% cap · market cap 1,252.49%
Second Best
Mixed Use
$788.6K
$690.0K – $920.0K
NOI $55,200 @ 7.0% cap · market cap 1,003.64%
Theoretical Best
Industrial
$3.97M
$3.48M – $4.64M
NOI $278,225 @ 7.0% cap · market cap 5,058.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 76085, TX
12,249
Population
4,027
Households
3
Avg Household Size
41
Median Age
20%
College-Educated
84%
High-School Grad
65.3 sq mi
ZIP Area
188
Density / Sq Mi
$102,014
Median Household Income
$41,911
Median Earnings
$1,699
Median Rent
$357,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate office area, outdoor patio, and restaurant features support a range of business configurations.
Where is this mixed-use property located?
The property is located at 2524 Azle Highway Weatherford, TX.
What are key features of this property?
This property features: Approximately 4,000 square feet total, including approximately 3,000 square feet of restaurant space and 1,000 square feet of separate office space; Restaurant area includes an installed vent hood and an ice machine; Outdoor patio and on‑site parking
