Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1201 Ft Worth Hwy Weatherford, TX 76086-4529
    Back to Search
    Property profile & analytics

    1201 Ft Worth Hwy Weatherford, TX 76086-4529

    View on Map
    • Turn key restaurants
    • 9,686 SF
    • 1.02 lot acres
    Off-Market
    Property ID
    US82-2229510
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $645,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mesquite Pit / Restaurant

    Property Details for 1201 Ft Worth Hwy

    Year built
    1960
    Lot size
    1.02 lot acres
    Property size
    9,686 SF
    Property type
    Turn key restaurants
    APN
    16850-002-001-00
    APU
    1685000200100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $465,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $826,000
      Market price range: $827k - $1.51M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,040,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.7747
    Latitude
    32.7589
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,778
    $221,290
    $1,224,770
    $1,446,060
    -
    $221,290
    $1,224,770
    $1,446,060

    Comparable in this City

    • Value Estimation
      $570,000
      8,073 SF

      202 Ft Worth Hwy

      RESTAURANT • 8,073 SF
      202 Ft Worth Hwy, Weatherford, TX 76086-4443
      View Details
    • Value Estimation by Request
      1,956 SF

      1206 Main St

      RESTAURANT • 1,956 SF
      1206 Main St, Weatherford, TX 76086-5527
      View Details
    • Value Estimation
      $520,000
      3,798 SF

      2005 Main St

      RESTAURANT • 3,798 SF
      2005 Main St, Weatherford, TX 76086-5576
      View Details
    • Value Estimation by Request
      2,502 SF

      810 Main St

      RESTAURANT • 2,502 SF
      810 Main St, Weatherford, TX 76086-5365
      View Details
    • Value Estimation by Request
      728 SF

      1417 Main St

      RESTAURANT • 728 SF
      1417 Main St, Weatherford, TX 76086-5597
      View Details
    • Value Estimation by Request
      1,500 SF

      914 Main St

      RESTAURANT • 1,500 SF
      914 Main St, Weatherford, TX 76086-5356
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Weatherford Retail/Restaurant Opportunity

      Retail or restaurant space near downtown Weatherford.
      105 Eureka St, Weatherford, TX 76086
      View Details
    • $879,900
      3.10 Acres

      Victorian Home on 3.1 Acres

      130-year-old Victorian home zoned for light commercial use.
      1105 Palo Pinto St, Weatherford, TX 76086
      View Details
    • $2,800,000
      2,292 SF

      Weatherford, TX Starbucks Development

      New Starbucks development on a large corner lot.
      1119 Fort Worth Hwy, Weatherford, TX 76086
      View Details
    • $269,000
      0.16 Acres

      Retail Opportunity Near Downtown Weatherford

      Retail space near downtown Weatherford with existing infrastructure.
      105 Eureka St, Weatherford, TX 76086
      View Details
    • $2,995,500
      11,200 SF

      Weatherford Retail Space For Sale

      11,200 SqFt retail space available in Weatherford, Texas.
      2020 Fort Worth Hwy, Weatherford, TX 76086
      View Details
    • $650,000
      0.39 Acres

      Weatherford Corner Lot Retail Building

      Retail building on a corner lot with ample parking.
      1301 N Main St, Weatherford, TX 76086
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Main Street Plaza Retail Space

      2,800 sq ft retail space in Weatherford, TX
      1314 S Main St, Weatherford, TX 76086, Weatherford, TX 76086
      View Details
    • Contact for pricing

      Weatherford Retail and Office Spaces

      Retail, restaurant, and office spaces available in Weatherford, Texas.
      102-158 College Park Dr, Weatherford, TX 76086
      View Details
    • Contact for pricing

      Weatherford Retail and Office Spaces

      Recently re-developed shopping center with retail, restaurant, and office spaces.
      1302 S Main St, Weatherford, TX 76086
      View Details
    • Contact for pricing
      29,204 SF

      Retail Center in Parker County

      151,028 SF shopping center with large parking field.
      102-158 College Park Dr, Weatherford, TX 76086
      View Details
    • Contact for pricing
      1,599 SF

      Weatherford Ridge Retail Space

      Retail space in a power shopping center in Weatherford, Texas.
      220 Adams Dr, Weatherford, TX 76086
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Brookshire's Center

      Retail spaces available in Brookshire’s anchored shopping center.
      601-629 Palo Pinto St, Weatherford, TX 76086
      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.
    1201 Ft Worth Hwy
    Weatherford, TX 76086-4529
    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
    1201 Ft Worth Hwy, Weatherford, TX, 76086
    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!