500 Dennis Rd Weatherford, TX 76087
This exceptional Weatherford, Texas property, located at 500 Dennis Road, 76087, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The property encompasses three buildings situated on a 10.01-acre lot, conveniently located just off I-20. The main 2,128 square foot office building features six private offices, a reception area, a bathroom, and additional storage, enhanced by fiber internet access. The first warehouse is cleverly divided, with an insulated front half containing five offices, a substantial 60 x 80 shop boasting six 16-foot roll-up doors, a bathroom, built-in metal lockers, a plumbed and piped 250-gallon air compressor, and a truck lift. A second building provides 1,200 square feet of office space, adaptable as residential space with a full bathroom, washer/dryer hookups, a large open area, and two RV hookups. This building also includes a 2,400 square foot shop with two 16-foot roll-up doors and an additional 2,400 square foot attached canopy. The property is further enhanced by a brand-new 2.5-acre fully fenced and stabilized trucking yard, complete with LED lighting, a security gate, and capacity for 96 trucks. The property is offered at $2,999,000 with a gross lease and is currently 50% occupied. Built in 2009, this property presents a significant opportunity for a discerning investor or business owner. The property is a single tenancy.
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
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No recorded transactions found for this property.
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Risks
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