3401 Fm 51Weatherford, TX 76085

  • Warehouses
  • 4,508 SF
For Sale
$950,000 View listing

Property Details for 3401 Fm 51

Year built
2018
Lot size
2.00 AC
Property size (Sq ft)
4,508 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
10328-001-001-00
APU
1032800100100

Description

This exceptional turnkey business opportunity encompasses a thriving feed store situated on a spacious two-acre lot at 3401 N Fm 51, Weatherford, TX. The property boasts a substantial 4,900 square foot building, perfectly designed for efficient operations and potential expansion. A convenient drive-through bay facilitates seamless loading and unloading, complemented by a covered hay bay at the rear for optimal storage. The main retail area offers approximately 1,100 square feet of well-utilized space. The building's functional layout includes two bathrooms, a kitchen, and a secure office equipped with security systems. Included in the sale are valuable assets such as a forklift, pallet jacks, hand trucks, and dollies, ensuring a smooth transition for the new owner. Financial statements, including Profit & Loss statements, are available upon request to qualified buyers. The asking price of $950,000 does not include the existing inventory

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,224,120
    6.5%
    $2,053,040
    7%
    $1,906,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,017,230
    Geo Method
    $2,159,440
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,059,940
    Mixed-Use / Specialty
    $1,061,810
    Hospitality / Lodging
    $786,358
    Office
    $1,061,370
    Institutional / Educational
    $1,105,870
    Residential Income
    $1,293,860
    Multifamily
    $1,520,520
    Automotive / Energy
    $947,886
    Parking / Income-Based Land
    $321,531
    Restaurant / Food Service
    $564,292
    Healthcare / Senior Housing
    $1,083,080

Location Insight

City
Weatherford
County
Parker
State
Texas
Latitude
32.8226
Longitude
-97.7744
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
2024
$8,684
$170,000
$365,390
$535,390
-
$170,000
$365,390
$535,390

FAQs

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