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9980 Mineral Wells Hwy, Weatherford, TX

3,200 SF storage facility with expansion potential.

Property Size3,200 SF
Lot Size1.30 Acres
Price / SF$109.38
Days on Market566

Property Features for 9980 Mineral Wells Hwy

General Information

Standard status Active
Size 3,200 SF
Lot size 1.30 Acres
Property subtype INDUSTRIAL
Listing Agency: Dominus Commercial
Listed By: Tyler Trahant
Source: Moodyscre
Added: Apr 8, 2025 Changed: Oct 16 Last Checked: Oct 24 at 4:53PM

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 Dominus Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a 3,200 square foot non-climate-controlled storage facility located off Highway 180 between Weatherford and Mineral Wells, Texas, west of Fort Worth, Texas. The property has been recently painted and features curb appeal. Serving the Mineral Wells and Weatherford markets, the property has room for further expansion. Currently, the property contains 34 total units with a small commercial building.

Key Highlights

  • 3,200 square foot non‑climate‑controlled storage facility
  • Located between Weatherford and Mineral Wells, TX, West of Fort Worth, TX
  • Serves the Mineral Wells and Weatherford markets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,708
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,160 $534.2K
Cap Rate 7%
$381,543 $381.5K
Cap Rate 9%
$296,756 $296.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$41.5K $12.96/SF
− Vacancy
−$3.3K −$1.04/SF
EGI
$38.2K $11.92/SF
− OpEx
−$11.4K −$3.58/SF
NOI
$26.7K $8.35/SF
Area
Parker County, TX
Vacancy
8.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,160
Cap Rate 7%
$381,543
Cap Rate 9%
$296,756

Alternative Uses

Best Use
Industrial
$3.18M
$2.78M – $3.71M (±1% cap)
NOI $222,580 @ 7.0% cap · market cap 63.59%
Second Best
Self Storage
$381.5K
$333.9K – $445.1K (±1% cap)
NOI $26,708 @ 7.0% cap · market cap 7.63%
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

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage Building Supply Plumbing Service Storage Facility Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - 3,200 SF storage facility with expansion potential.
Where is this self storage facility located?
The property is located at 9980 Mineral Wells Hwy Weatherford, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,200 square foot non‑climate‑controlled storage facility; Located between Weatherford and Mineral Wells, TX, West of Fort Worth, TX; Serves the Mineral Wells and Weatherford markets
(817) 752-7013 Call to check price and availability
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