Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2000 Fm 51 Weatherford, TX 76085

    • Commercial real estate
    • 20.05 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3101454
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2000 Fm 51

    Lot size
    20.05 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 20.047-acre commercial land parcel presents a significant investment opportunity. Ideally situated just north of the new Ric Williamson loop in Weatherford, Texas, this property boasts approximately 670 feet of road frontage on Highway 51 and nearly 598 feet of road frontage on Hawkins Lily County Road, providing excellent visibility and accessibility. The asking price is $1,495,000. A brand-new water well, complete with a spray-foamed insulated well house, is already in place. Furthermore, a recently completed survey is available for review. The property is located in Parker County, Texas, with addresses listed as 2000 FM 51, Weatherford, TX 76085 and FM 51, Weatherford, TX 76086. This prime location offers substantial potential for various commercial developments, making it an attractive proposition for discerning investors seeking a strategic foothold in the growing Weatherford market. The zoning is currently unlisted (NA). The property is offered for sale by owner.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.793073873626
    Latitude
    32.791210714659

    Comparable in this City

    • Contact for pricing
      30,000 SF

      Industrial Land Ready for Development

      30,000 sq. m. industrial land ideal for development.
      Ln Cañada Hoy V. Del Marqués, Weatherford, TX 76085
      View Details
    • $79,000
      0.40 Acres

      Ready-to-Go River Retreat Land

      0.40-acre double lot near Brazos River with utilities in place.
      7074 Cherokee Trl, Weatherford, TX 76085
      View Details
    • $340,000
      10.00 Acres

      Weatherford Land with Rolling Hills

      10 acre land tract with long-range views near Weatherford.
      5885-d Old Springtown Rd, Weatherford, TX 76085
      View Details
    • $364,000
      2.00 Acres

      Weatherford Land with Loop Frontage

      Commercial land with high visibility and no city zoning restrictions.
      18 Ric Williamson Memorial Hwy, Weatherford, TX 76085
      View Details
    • $250,000
      5.03 Acres

      5+ Acres of Natural Beauty

      Raw land with creek, bridges, and diverse trees.
      1001 Preserve St, Weatherford, TX 76085
      View Details
    • $435,708
      11.47 Acres

      Unimproved Land in Parker County

      11.466 acres of land with rolling hills near Weatherford.
      5885-b Old Springtown Rd, Weatherford, TX 76085
      View Details

    Similar Nearby for Sale

    • $250,000
      3.99 Acres

      3.99 Acre Lot in Weatherford

      Unrestricted 3.99 acre lot with road frontage and scattered trees.
      263 W Yucca Vw, Weatherford, TX 76085
      View Details
    • $65,000
      1.28 Acres

      Weatherford Homesite with Scenic Views

      1.283 acre homesite with sweeping views near Weatherford, Texas.
      2 Timber Valley Ln, Weatherford, TX 76085
      View Details
    • $127,500
      2.00 Acres

      Heavily Treed Land with Views

      2+ acre lot in new Parker County subdivision.
      181 Fan Mill Trl, Weatherford, TX 76085
      View Details
    • $120,000

      Land Parcel in Weatherford, Texas

      Land available in Weatherford, Texas.
      2024 Veal Cir, Weatherford, TX 76085
      View Details
    • $395,000
      3.36 Acres

      Weatherford Land with Loop Frontage

      Commercial land with high visibility and no city zoning.
      1 Ric Williamson Memorial Hwy, Weatherford, TX 76085
      View Details
    • $995,000
      9.67 Acres

      Commercial Land on State Hwy 51

      9.68 acres of commercial land in fast-growing Weatherford, TX.
      1713 N Main St, Weatherford, TX 76085
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo
      6,000 SF

      Flexible Commercial Space Near Azle

      Unincorporated Weatherford warehouse units and outdoor storage for lease.
      121 Pistol Rd, Weatherford, TX 76085
      View Details
    • $3,000 /Mo
      169,884 SF

      Weatherford Warehouse on Acreage

      1,900 sqft warehouse on 3.9 acres, ideal for truck fleets.
      2445 Upper Denton Rd, Weatherford, TX 76085
      View Details
    • $1,375 /Mo
      10,890 SF

      Unrestricted Land Lease Opportunity

      Secure, flexible, unrestricted land for lease, ideal for various businesses.
      121 Pistol Rd, Weatherford, TX 76085
      View Details
    • $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
    • 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
    • $1,600 /Mo
      10,890 SF

      Versatile Commercial Space For Lease

      1,600 sq ft commercial space with prime road exposure.
      910 Upper Denton Rd, 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.
    2000 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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.