Flex Space with Fenced
5201 N Fm 51, Weatherford, TX 76085
For Sale
Contact for pricing
Metal shop with attached office, gated storage yard, covered wash bay, and dedicated access features.
Property Size3,600 SF
Lot Size2.00 Acres
Price / SF$0.83
Days on Market97
Property Features for 5201 N Fm 51
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Utilities to Site
Additional Details
Office Build-Out
Office Units
Amenities
covered wash bay
Building Details
Year Built
Buildings
Construction
Listing Agency:
Atkins & Co.
(817) 441-7679
Listed By:
Ryan Atkins · License TX #0604698
(817) 296-2679
Source:
Lonestarluxuryrealty
Added: Aug 10
Changed: Nov 5
Last Checked: Nov 12 at 8:01AM
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 Atkins & Co.
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Investment Insights
Based on property information with market context.
Built in 2006, this flex property combines a 3,000-square-foot metal shop with a 600-square-foot attached office and restroom. The shop includes three 12-foot roll-up doors, while the site adds approximately 2 acres of fenced and gated yard area, a covered wash bay, and storage capacity. The property is served by septic and well systems and includes electrical service, general maintenance, landscaping, and build-out responsibilities designated for the tenant.
Located at 5201 N FM 51 in Weatherford, Texas, the property brings warehouse, office, yard, and service functions together in one commercial setting. The configuration supports businesses requiring enclosed work space, office accommodation, outdoor storage, and vehicle or equipment handling areas.
Located at 5201 N FM 51 in Weatherford, Texas, the property brings warehouse, office, yard, and service functions together in one commercial setting. The configuration supports businesses requiring enclosed work space, office accommodation, outdoor storage, and vehicle or equipment handling areas.
Key Highlights
- 3,000‑square‑foot metal shop with three 12‑foot roll‑up doors
- 600‑square‑foot attached office with restroom
- Approximately 2 acres of fenced and gated yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,525
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,500
$410.5K
Cap Rate 7%
$293,214
$293.2K
Cap Rate 9%
$228,056
$228.1K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$32.4K $9.00/SF
− Vacancy
−$3.1K −$0.86/SF
EGI
$29.3K $8.15/SF
− OpEx
−$8.8K −$2.44/SF
NOI
$20.5K $5.70/SF
Area
Parker County, TX
Vacancy
9.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,500
Cap Rate 7%
$293,214
Cap Rate 9%
$228,056
Alternative Uses
Best Use
Flex RnD
$377.1K
$329.9K – $439.9K
NOI $26,395 @ 7.0% cap
Second Best
Warehouse
$357.6K
$312.9K – $417.2K
NOI $25,034 @ 7.0% cap
Theoretical Best
Multifamily LT 5
$904.3K
$791.3K – $1.06M
NOI $63,301 @ 7.0% cap
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
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Current Use
Lease Details
1
Office units
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
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
$357,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Weatherford, TX
Properties on Market for Flex space in Weatherford
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal shop with attached office, gated storage yard, covered wash bay, and dedicated access features.
Where is this flex space located?
The property is located at 5201 N Fm 51 Weatherford, TX.
What are key features of this property?
This property features: 3,000‑square‑foot metal shop with three 12‑foot roll‑up doors; 600‑square‑foot attached office with restroom; Approximately 2 acres of fenced and gated yard
