505 Center Point Rd Weatherford, TX 76087
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.