Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4319 Fm 51 Weatherford, TX 76085
    Back to Search
    Property profile & analytics

    4319 Fm 51 Weatherford, TX 76085

    View on Map
    • Land
    • 62.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TEXAS STAR STORAGE / Storage Facility

    Property Details for 4319 Fm 51

    Lot size
    62.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.7556
    Latitude
    32.8476

    Comparable in this City

    • Value Estimation by Request
      2.02 Acres

      51 Veal Station Rd

      Land • 2.02 Acres
      51 Veal Station Rd, Weatherford, TX 76085
      View Details
    • Value Estimation by Request
      20.00 Acres

      Deer Track Rd

      Land • 20.00 Acres
      0 Deer Track Rd, Weatherford, TX 76085
      View Details
    • Value Estimation by Request
      10.03 Acres

      553 Cat Track Rd

      Land • 3,200 SF
      553 Cat Track Rd, Weatherford, TX 76085
      View Details
    • Value Estimation by Request
      20.05 Acres

      2000 Fm 51

      Land • 20.05 Acres
      2000 Fm 51, Weatherford, TX 76085
      View Details
    • Value Estimation by Request
      5,000 SF

      117 Samuel Dr

      Distribution properties • 5,000 SF
      117 Samuel Dr, Weatherford, TX 76085
      View Details
    • Value Estimation by Request
      1,172 SF

      203 Eden Rd

      COMMERCIAL (GENERAL) • 1,172 SF
      203 Eden Rd, Weatherford, TX 76085
      View Details

    Similar Nearby for Sale

    • $649,900
      10.12 Acres

      Weatherford Farm/Ranch with Shop

      10+ acres, shop, new construction, no restrictions near town.
      1355 Friendship Rd, Weatherford, TX 76085
      View Details
    • $365,000
      10.00 Acres

      Weatherford, TX Unimproved Land

      10 acres of gently rolling terrain in Weatherford, Texas.
      1 Carter Rd, Weatherford, TX 76085
      View Details
    • $21,780,000
      946.71 Acres

      Historic Ranch with Development Potential

      947-acre ranch near Weatherford, TX, with development potential.
      5350 Upper Denton Rd, Weatherford, TX 76085
      View Details
    • $135,000
      2.22 Acres

      2.22 Acres Unimproved Land

      Unimproved 2.22 acre land parcel in Parker County, Texas.
      109 Grant Alan Ct, Weatherford, TX 76085
      View Details
    • Contact for pricing

      Historic Ranch with Development Potential

      947-acre ranch with development potential in Parker County, Texas.
      5350 Upper Denton Rd, Weatherford, TX 76085
      View Details
    • $1,541,000
      67.00 Acres

      67 Acres Rolling Texas Land

      Unimproved land with exceptional views near Weatherford, Texas.
      67 Acres Tbd Upper Denton Rd, Weatherford, TX 76085
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo
      10,890 SF

      Weatherford Commercial Space For Lease

      Versatile 1,600 sq ft commercial space with prime road exposure.
      910 Upper Denton Rd, Weatherford, TX 76085
      View Details
    • $15 SF/Yr
      87,120 SF

      New Flex Units in Weatherford

      High-quality flex space with office and shop areas.
      1000 Industrial Ct, Weatherford, TX 76085
      View Details
    • Contact for pricing
      1,250 SF

      Weatherford, TX Specialty Property

      Specialty property for rent in Weatherford, Texas.
      3000 Fm 51, Weatherford, TX 76085
      View Details
    • Contact for pricing

      Weatherford Flex/Warehouse Space Available

      36,000 SF flex/warehouse space for lease in Weatherford, TX.
      3000 Farm To Market 51, Weatherford, TX 76085
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4319 Fm 51
    Weatherford, TX 76085
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4319 Fm 51, Weatherford, TX, 76085
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!