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Property profile & analytics
OFF-MARKET Estimated value $1,150,000
Retail space

1115 Ft Worth Hwy Weatherford, TX 76086-4558

25,080 SF 2.09 ac lot Built 2003
Entity Owned 2-yr Hold Free & Clear
Property ID
US82-1472648
Property summary
AI-generated overview

This exceptional 0.62-acre commercial land parcel presents a unique investment opportunity in the thriving city of Weatherford, Texas. Located at 1115 Fort Worth Hwy, Weatherford, TX 76086, this property is zoned for commercial use, offering significant potential for a variety of development projects. The site's convenient location provides excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. The property is designated as a multi-tenancy site, allowing for flexibility in development plans. With one existing building on the site, this presents a chance to either renovate and repurpose the existing structure or to develop a new commercial building tailored to specific business needs. The property's size offers ample space for a range of commercial ventures, from retail shops and restaurants to office spaces and light industrial uses. Situated in Parker County, this location benefits from a strong local economy and a growing population, ensuring a robust market for commercial properties. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable Texas location. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is to be determined.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 25,080 SF
Lot 2.09 ac (91,040 SF)
APN 15933-001-002-00
UPID US82-1472648
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
Current use
Occupant on record · Public records
  • LRM Ranch Designs Clothing Store
  • Renegade Ranch Boutique Department Store
  • Rock Bottom Liquidations Discount Store
  • Joe's Pasta & Pizza Restaurant
  • Legacy Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.15M
Owner & transaction history
Tennison Ventures LP · 2 yrs held
Tennison Ventures LP
since 2023
7 recorded transactions
2023
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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