Warehouse Building with Dock
For Sale
$1,000,000
512 Palo Pinto St, Weatherford, TX 76086
Flexible industrial property with office areas, warehouse space, and multiple loading points.
Property Size12,000 SF
Lot Size1.92 Acres
Price / SF$79.29
Days on Market47
Property Features for 512 Palo Pinto St
General Information
Standard status
Active
Size
12,000 SF
Lot size
1.92 Acres
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
1
Building Details
Year Built
1900
Buildings
1
Building Size
12,000 SF
Listing Agency:
CENTURY 21 Judge Fite Co.
Listed By:
Christy Caldwell · License #0757182
(828) 423-6893
Source:
Minteerteam
Added: Sep 7
Changed: Oct 16
Last Checked: Oct 7 at 3:38PM
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 CENTURY 21 Judge Fite Co.
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Investment Insights
Based on property information with market context.
This warehouse property at 512 Palo Pinto Street includes 12,612 square feet within a versatile building on approximately 1.915 acres. The layout combines multiple front offices with a large rear area historically used for warehouse and production operations. Three roll-up doors support deliveries and material movement, including two dock-high doors and one ground-level entrance.
Constructed in 1900, the building was originally developed as a grocery store and later adapted for use by the Weatherford Democrat beginning in 1978. Its configuration includes substantial covered space and can accommodate warehouse, manufacturing, distribution, office, event, theater, or other commercial uses identified for the property.
Constructed in 1900, the building was originally developed as a grocery store and later adapted for use by the Weatherford Democrat beginning in 1978. Its configuration includes substantial covered space and can accommodate warehouse, manufacturing, distribution, office, event, theater, or other commercial uses identified for the property.
Key Highlights
- Approximately 1.915 acres
- 12,612 square feet of building area
- Three roll‑up doors: two dock‑high and one ground‑level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,702
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,754,040
$1.8M
Cap Rate 7%
$1,252,886
$1.3M
Cap Rate 9%
$974,467
$974.5K
Market Conditions
NOI Build-Up for 12,612 SF
Gross rent
$113.5K $9.00/SF
− Vacancy
−$10.3K −$0.82/SF
EGI
$103.2K $8.18/SF
− OpEx
−$15.5K −$1.23/SF
NOI
$87.7K $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%
$1,754,040
Cap Rate 7%
$1,252,886
Cap Rate 9%
$974,467
Alternative Uses
Best Use
Industrial
$12.53M
$10.97M – $14.62M
NOI $877,244 @ 7.0% cap · market cap 87.72%
Second Best
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,471 @ 7.0% cap · market cap 9.25%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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
- Brazos Movers Texas — 1305 Ranger Hwy, Weatherford, TX 76086
- Overflow Garage — 1211 Ranger Hwy, Weatherford, TX 76086
- North Elm Climate Controlled Storage — 601 N Elm St, Weatherford, TX 76086
- North Elm Street Storage — 601 N Elm St, Weatherford, TX 76086
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible industrial property with office areas, warehouse space, and multiple loading points.
Where is this warehouse located?
The property is located at 512 Palo Pinto St Weatherford, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 1.915 acres; 12,612 square feet of building area; Three roll‑up doors: two dock‑high and one ground‑level
