Multi-Building Industrial Flex
3008 Ranger Highway Weatherford, TX 76088
New
3008 Ranger Highway, Weatherford, TX, 76088
$2,749,000
For Sale
$2,749,000
COMMERCIAL - Weatherford, TX
Property Size20,506 SF
Lot Size10.31 Acres
Price / SF$134.06
Days on Market2
Property Features for 3008 Ranger Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- R000063702
- Lot size
- 10.31 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 2010
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Concrete, Vinyl
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency
Cornerstone Home and Ranch
(940) 452-7915
Mineral Wells, TX
Listed by
Jenna Sims · License #TX0679015
(940) 452-7915
Added: Jul 18 Checked: Jul 19 at 3:06 am
MLS# 21002886
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 industrial flex property features six freestanding metal buildings designed to support flexible operations and a potential multi-tenant layout. The improvements include three 3,200-square-foot shop and office buildings built in 2016, a 5,500-square-foot clear-span shop, a 2,250-square-foot warehouse, and a 1,650-square-foot standalone office built in 2012. A 30x30 wash bay added in 2015 includes floor drains and two dedicated tanks. The site includes a fully fenced perimeter with multiple access points and additional yard space.
The property is positioned adjacent to a major power substation at 3008 Ranger Highway in Weatherford, Texas, and is described as approximately half a mile from I-20. Power service is provided via 2-phase power for the majority of the property, with Shop 6 supported by 3-phase power for higher-load equipment. Each building is individually metered.
Additional infrastructure includes two private water wells and six septic systems. The property is currently partially owner-occupied and is offered with the ability to be delivered fully vacant at closing, providing immediate flexibility for the next user.
The property is positioned adjacent to a major power substation at 3008 Ranger Highway in Weatherford, Texas, and is described as approximately half a mile from I-20. Power service is provided via 2-phase power for the majority of the property, with Shop 6 supported by 3-phase power for higher-load equipment. Each building is individually metered.
Additional infrastructure includes two private water wells and six septic systems. The property is currently partially owner-occupied and is offered with the ability to be delivered fully vacant at closing, providing immediate flexibility for the next user.
Key Highlights
- 10.31‑acre industrial property with approximately 20,506 SF of improvements
- Six freestanding metal buildings: 3,200 SF shop/office (x3, built 2016), 5,500 SF clear‑span shop, 2,250 SF warehouse, 1,650 SF standalone office (built 2012)
- Power‑ready setup: majority 2‑phase power; Shop 6 includes 3‑phase power; each building 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
Office B
$3.72M
$3.25M – $4.33M
NOI $260,055 @ 7.0% cap · market cap 9.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Six individually metered metal buildings on a fully fenced site, with wash bay infrastructure and multi-phase power.
Where is this flex space located?
The property is located at 3008 Ranger Highway 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‑acre industrial property with approximately 20,506 SF of improvements; Six freestanding metal buildings: 3,200 SF shop/office (x3, built 2016), 5,500 SF clear‑span shop, 2,250 SF warehouse, 1,650 SF standalone office (built 2012); Power‑ready setup: majority 2‑phase power; Shop 6 includes 3‑phase power; each building individually metered
