Renovated Retail Space in Willow
721 Ranch House Road Willow Park, TX 76087
For Sale
$1,675,000
Newly renovated retail space for sale or lease in Willow Park.
Property Size7,123 SF
Price / SF$235.15
Days on Market100
Property Features for 721 Ranch House Road
General Information
Standard status
Active
Size
7,123 SF
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Stacy Lynch · License #TX0329792
(817) 908-9567
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 10:21AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This newly renovated commercial space offers 7,000 square feet and is available for sale or lease. Multiple spaces are available, with options for build-to-suit configurations. The space can be subdivided from 1,000 to 7,000 square feet. Located in Willow Park, the property offers a convenient location in a quiet area with ample parking. This community-type commercial space is suitable for various business ideas, with flexibility to work with potential tenants. The property is ideal for businesses looking to operate in the area they live in.
Key Highlights
- Newly renovated 7,000 sf space suitable for sale or lease.
- Flexible build‑to‑suit options with subdivision potential (1,000‑7,000 sf).
- Convenient location in Willow Park.
Financial Insights For Retail
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 | $171.8k | $24.12 |
| − Vacancy | −$8.1k | −$1.13 |
| EGI | $163.7k | $22.99 |
| − OpEx | −$49.1k | −$6.90 |
| NOI | $114.6k | $16.09 |
7,123 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.64M
$1.43M – $1.91M
NOI $114,612 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$7.08M
$6.19M – $8.26M
NOI $495,449 @ 7.0% cap · market cap 29.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Newly renovated retail space for sale or lease in Willow Park.
Where is this retail space located?
The property is located at 721 Ranch House Road Willow Park, TX.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Newly renovated 7,000 sf space suitable for sale or lease.; Flexible build‑to‑suit options with subdivision potential (1,000‑7,000 sf).; Convenient location in Willow Park.
