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Property profile & analytics
OFF-MARKET
Land

505 Center Point Rd Weatherford, TX 76087

3.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.99-acre commercial land parcel presents a compelling investment opportunity in Weatherford, Texas. Located at 505 Center Point Rd, 76087, this property boasts unparalleled visibility and accessibility due to its strategic position just off Interstate 20. The parcel is zoned for both commercial and residential use, offering a wide range of development possibilities. Situated in rapidly developing Parker County, the land benefits from proximity to burgeoning multi-family developments and a recently opened HEB grocery store, ensuring high traffic and strong potential for future growth. The property's APN is R000050196 & R000050197. While offering significant potential, buyers should independently verify future zoning regulations and any applicable restrictions. It is important to note that a portion of this property lies within a designated floodplain area. The asking price for this remarkable investment opportunity is $1,495,000. This expansive tract promises lucrative returns in a thriving community, making it an ideal choice for discerning investors seeking to capitalize on the momentum of this dynamic area.

Property profile
Verified
Property type Land
Lot 3.99 ac (173,804 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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