Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    315 Center Point Rd Weatherford, TX 76087
    Back to Search
    Property profile & analytics

    315 Center Point Rd, Weatherford, TX 76087

    View on Map
    • Commercial real estate
    • 10,100 SF
    • 0.71 lot acres
    Off-Market
    Property ID
    US82-2246695
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 315 Center Point Rd

    Lot size
    0.71 lot acres
    Property type
    Commercial real estate

    Description

    We Atherford Point, located at 315 Center Point Rd in Weatherford, Texas, presents a unique retail investment opportunity. This 10,100 square foot commercial center is situated on a 0.71-acre lot in Parker County (zip code 76087). The property currently has four available suites, ranging from a minimum of 1,700 square feet to a maximum contiguous space of 6,000 square feet. The entire building is currently vacant, offering a blank canvas for prospective tenants. This development benefits from a prime location at the northeast corner of I-20 and Center Point Road, providing excellent visibility and accessibility. A significant advantage is its proximity to a newly announced Costco, currently under construction and slated to open in Summer 2025, and a Sprouts grocery store, projected to open in Q1 2026. The Costco and the northern section of this development will be conveniently connected via a lit intersection off Center Point Road. The small shop buildings are expected to be completed in Fall 2025. This strategic location, coupled with the presence of major retailers, creates a compelling opportunity for businesses seeking high-traffic exposure in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.7289716
    Latitude
    32.7495185

    Comparable in this City

    • Contact for pricing
      1,200 SF

      Retail Space Available

      1,200 SF 2nd Gen Nail Salon Available For Rent
      2970 Fort Worth Hwy, Weatherford, TX 76087
      View Details
    • $28 SF/Yr
      1,581 SF

      Second-Generation Retail Space

      Open, flexible second-generation retail suite with modern finishes and rear service access in an established open-air center.
      225 Shops Blvd, Willow Park, TX 76087
      View Details
    • Contact for pricing

      Commercial Property with Truck Repair Bays

      Office and four bays for commercial truck repairs on 5-acre lot.
      4500 White Settlement Rd, Willow Park, TX 76087
      View Details
    • Contact for pricing
      1,250 SF

      Weatherford Flex Space with Garage

      Finished flex space in industrial park near I-20.
      107 Winners Cir, Weatherford, TX 76087
      View Details
    • Contact for pricing

      Prime Location Flex Space

      Build-to-suit flex space in a rapidly growing community.
      3120 I-20, Hudson Oaks, TX 76087
      View Details
    • $1,650 /Mo
      90,169 SF

      High-End Flex Garage Suite

      Finished flex space with automated glass garage, natural light, and central air—well-suited for showroom or creative operations.
      107 Winners Cir, Weatherford, TX 76087
      View Details

    Similar Nearby for Sale

    • $1,499,999
      1.46 Acres

      Retail Development Land with City Water

      Ideal for new retail development with city water lines in place and sewer connection planned as area demand grows.
      2304 Ivie Ln, Weatherford, TX 76087
      View Details
    • $3,200,000
      2,181 SF

      Corner Farmhouse and Cafe

      Early 1900s farmhouse and cafe on a hard corner with substantial frontage, offering strong destination visibility for food service concepts.
      5080 Tin Top Rd, Weatherford, TX 76087
      View Details
    • Contact for pricing
      8,580 SF

      Spacious Commercial Building in Hudson Oaks

      8,500 sq ft commercial building with retail and warehouse space.
      3535 Fort Worth Hwy, Hudson Oaks, TX 76087
      View Details
    • Contact for pricing
      7,123 SF

      Renovated Retail Space in Willow Park

      Newly renovated retail space for sale or lease in Willow Park.
      721 Ranch House Rd, Willow Park, TX 76087
      View Details
    • Contact for pricing
      4,915 SF

      New Brakes Plus NNN Lease

      New construction Brakes Plus with 15-year absolute NNN lease.
      2809 Fort Worth Hwy, Hudson Oaks, TX 76087
      View Details
    • Contact for pricing

      Versatile Flex Space on Prime Land

      Over 9,000 SF flex space on 1.5+ acres.
      2217 Old Dennis Rd, Weatherford, TX 76087
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space Available

      1,200 SF 2nd Gen Nail Salon Available For Rent
      2970 Fort Worth Hwy, Weatherford, TX 76087
      View Details
    • $28 SF/Yr
      1,581 SF

      Second-Generation Retail Space

      Open, flexible second-generation retail suite with modern finishes and rear service access in an established open-air center.
      225 Shops Blvd, Willow Park, TX 76087
      View Details
    • Contact for pricing
      11,348 SF

      New Commercial Development in Willow Park

      Commercial development with customizable suites suitable for various businesses.
      301 W Stage Coach Trl, Willow Park, TX 76087
      View Details
    • Contact for pricing

      Premier Business Destination in Hudson Oaks

      New commercial development with build-to-suit spaces in Hudson Oaks, TX.
      3017 Oakey Trl, Hudson Oaks, TX 76087
      View Details
    • Contact for pricing

      Newly Renovated Commercial Building

      Flexible commercial space in Willow Park, TX, for lease.
      721 Ranch House Rd, Willow Park, TX 76087
      View Details
    • Contact for pricing

      Commercial Property with Truck Repair Bays

      Office and four bays for commercial truck repairs on 5-acre lot.
      4500 White Settlement Rd, Willow Park, TX 76087
      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.
    315 Center Point Rd
    Weatherford, TX 76087
    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
    315 Center Point Rd, Weatherford, TX, 76087
    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!