Industrial Flex Multi-Building
3008 Ranger Highway Weatherford Weatherford, TX 76088
New
3008 Ranger Highway Weatherford, Weatherford, TX, 76088
$2,749,000
For Sale
$2,749,000
Multi-building industrial flex property with individually metered utilities, fenced yard, and a wash bay with floor drains and tanks.
Property Size20,506 SF
Lot Size10.31 Acres
Price / SF$134.06
Days on Market4
Property Features for 3008 Ranger Highway Weatherford
General Information
- Standard status
- Active
- Size
- 20,506 SF
- Lot size
- 10.31 Acres
Building Details
- Year Built
- 2010
Listing Agency
(800) 683-5651
Listed by
Kris Watts
(800) 683-5651
Source
Jparhouston
Added: Jul 14 Checked: Jul 17 at 2:53 am
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 Kris Watts
Investment Insights
Based on property information with market context.
This industrial flex campus is improved with six freestanding metal buildings, ranging from shop and office space to warehouse and clear-span shop configuration. Several buildings include shop and office areas, including three shop and office buildings built in 2016, a standalone office built in 2012, a 5,500-square-foot clear-span shop, and a 2,250-square-foot warehouse. A 30x30 wash bay added in 2015 includes floor drains and two dedicated tanks for water reuse or offsite disposal. Each building is individually metered, and the site includes both 2-phase power across most of the property and 3-phase power in Shop 6. Additional site features include two private water wells, six septic systems, and a fully fenced perimeter with multiple access points and flexible yard space.
The property is located adjacent to a major power substation at 3008 Ranger Hwy in Weatherford, Texas, and is described as being about half a mile from I-20. The listing notes access to the Fort Worth metro area and positions the site for energy-intensive and advanced manufacturing-type uses, subject to buyer verification of power capacity and service availability.
The current use is described as partially owner-occupied, with the ability to be delivered fully vacant at closing. The overall layout supports multi-tenant use.
The property is located adjacent to a major power substation at 3008 Ranger Hwy in Weatherford, Texas, and is described as being about half a mile from I-20. The listing notes access to the Fort Worth metro area and positions the site for energy-intensive and advanced manufacturing-type uses, subject to buyer verification of power capacity and service availability.
The current use is described as partially owner-occupied, with the ability to be delivered fully vacant at closing. The overall layout supports multi-tenant use.
Key Highlights
- 10.31 acres with approximately 20,506 SF of improvements and six freestanding metal buildings for shop, office, and warehouse use
- Shop buildings include three 3,200 SF shop/office buildings (built 2016) plus a 5,500 SF clear‑span shop, a 2,250 SF warehouse, and a 1,650 SF standalone office (built 2012)
- Power setup: majority 2‑phase power; Shop 6 has 3‑phase power; all buildings are individually metered
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $246.1k | $12.00 |
| − Vacancy | −$14.8k | −$0.72 |
| EGI | $231.3k | $11.28 |
| − OpEx | −$81.0k | −$3.95 |
| NOI | $150.3k | $7.33 |
20,506 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Industrial
$20.38M
$17.83M – $23.77M
NOI $1,426,321 @ 7.0% cap · market cap 51.89%
Second Best
Flex RnD
$2.15M
$1.88M – $2.51M
NOI $150,350 @ 7.0% cap · market cap 5.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-building industrial flex property with individually metered utilities, fenced yard, and a wash bay with floor drains and tanks.
Where is this flex space located?
The property is located at 3008 Ranger Highway Weatherford Weatherford, TX.
What is the asking price?
The asking price for this property is $2,749,000.
What are key features of this property?
This property features: 10.31 acres with approximately 20,506 SF of improvements and six freestanding metal buildings for shop, office, and warehouse use; Shop buildings include three 3,200 SF shop/office buildings (built 2016) plus a 5,500 SF clear‑span shop, a 2,250 SF warehouse, and a 1,650 SF standalone office (built 2012); Power setup: majority 2‑phase power; Shop 6 has 3‑phase power; all buildings are individually metered
