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    721 Ranch House Rd Willow Park, TX 76087

    • Office space
    • 7,000 SF
    For Sale
    View listing
    $1,675,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3990314
    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

    • Office space

    Property Details for 721 Ranch House Rd

    Property size
    7,000 SF
    Property type
    Office space

    Description

    This newly renovated 7,000 square foot commercial building in Willow Park, Texas (76087), offers exceptional lease opportunities. Located in the Weatherford submarket, this property is available for lease as a whole or subdivided into customizable spaces ranging from 1,000 to 5,200 contiguous square feet. The building is ideal for a variety of businesses, including traditional, creative, or executive offices, and even retail uses. Four spaces are currently available. The property boasts a tranquil setting with ample parking, ensuring convenience for employees and clients. The flexible layout allows for build-to-suit options, enabling businesses to tailor the space to their specific needs. This prime location offers a peaceful ambiance and excellent accessibility. Competitive lease rates and negotiable terms are available. The property is situated at 721 Ranch House Rd, Willow Park, TX.

    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
    Willow Park
    County
    Parker
    State
    Texas
    Longitude
    -97.636508261891
    Latitude
    32.746384024139

    Comparable in this City

    • Contact for pricing
      162,000 SF

      Southwest Business Park: Premier Flex Space

      Hudson Oaks, TX: 162,000 SF Flex Space Available
      3120 I-20, Hudson Oaks, TX 76087
      View Details
    • $2,000 /Mo
      28,706 SF

      Renovated Office Suites For Lease

      Recently renovated office suites with premium shared amenities and high visibility.
      4050 Interstate 20 Service Rd S, Weatherford, TX 76087
      View Details
    • $22 SF/Yr
      43,560 SF

      Renovated Office Space in Willow Park

      Newly renovated office space available for lease in Willow Park.
      721 Ranch House Rd, Willow Park, TX 76087
      View Details
    • $14 SF/Yr
      2,300 SF

      Weatherford Office Space For Rent

      Office space available on Main St, Weatherford, TX.
      2528 Main St, Weatherford, TX 76087
      View Details
    • Contact for pricing
      3,820 SF

      Willow Park Office Space Available

      Modern office suites, immediate occupancy.
      151 J.d. Towles, Hudson Oaks, TX 76087
      View Details
    • $28 SF/Yr
      11,348 SF

      New Commercial Development in Willow Park

      Build-to-suit office and medical spaces available in growing area.
      301 W Stage Coach Trl, Willow Park, TX 76087
      View Details

    Similar Nearby for Sale

    • $2,025,000
      8,750 SF

      Medical/Office Space Near I-20

      8,750 SF medical/office space with income potential and easy access.
      2614 E Bankhead Hwy, Weatherford, TX 76087
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    • $1,675,000
      1.00 Acre

      Renovated Office Space in Willow Park

      Newly renovated office space for sale or lease in Willow Park.
      721 Ranch House Rd, Willow Park, TX 76087
      View Details
    • $1,395,000
      4.34 Acres

      Weatherford Warehouse with Office Space

      6,500 SF warehouse with office and shop space for sale.
      125 Winners Cir, Weatherford, TX 76087
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    • $2,999,000
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      Weatherford TX Office/Warehouse

      Prime 12,736 SF Office & Warehouse Complex
      500 Dennis Rd, Weatherford, TX 76087
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    • $3,200,000
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      Weatherford Land with Cafe

      9.37 acres with early 1900s farmhouse and cafe.
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      Land For Sale Hudson Oaks

      Pad sites available in front of high-producing HEB.
      3309 Fort Worth Hwy, Hudson Oaks, TX 76087
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    Similar Nearby for Lease

    • Contact for pricing
      162,000 SF

      Southwest Business Park: Premier Flex Space

      Hudson Oaks, TX: 162,000 SF Flex Space Available
      3120 I-20, Hudson Oaks, TX 76087
      View Details
    • $2,000 /Mo
      28,706 SF

      Renovated Office Suites For Lease

      Recently renovated office suites with premium shared amenities and high visibility.
      4050 Interstate 20 Service Rd S, Weatherford, TX 76087
      View Details
    • $22 SF/Yr
      43,560 SF

      Renovated Office Space in Willow Park

      Newly renovated office space available for lease in Willow Park.
      721 Ranch House Rd, Willow Park, TX 76087
      View Details
    • $30 SF/Yr
      29,621 SF

      Finished Office Space in Willow Park

      Professional office space in a high-traffic, growing commercial area.
      400 Shops Blvd, Willow Park, TX 76087
      View Details
    • $28 SF/Yr
      11,348 SF

      New Commercial Development in Willow Park

      Build-to-suit office and medical spaces available in growing area.
      301 W Stage Coach Trl, Willow Park, TX 76087
      View Details
    • $14 SF/Yr
      2,300 SF

      Weatherford Office Space For Rent

      Office space available on Main St, Weatherford, TX.
      2528 Main St, Weatherford, TX 76087
      View Details
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    721 Ranch House Rd
    Willow Park, TX 76087
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    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
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