1301 Main StWeatherford, TX 76086

Property Details for 1301 Main St

Lot size

0.39 AC

Property size (Sq ft)

1,653 SF

Property type

Commercial real estate

APN

11020-022-009-00

APU

1102002200900

Description

This exceptional retail property, located at 1301 N Main Street in Weatherford, Texas, presents a fantastic investment opportunity. Boasting 1,653 square feet, the building sits on a 0.39-acre corner lot at the high-traffic intersection of North Main Street and 4th Street, experiencing an estimated 2,000 cars daily. The property features ample parking, a significant advantage for customers and employees. Recent updates include a new HVAC system, enhancing energy efficiency and comfort. The building retains its charming character while offering modern conveniences. City requirements for curbs and sidewalks were completed in 2022, ensuring pedestrian safety and accessibility. A valuable storm shelter is also included on the property, providing peace of mind. For added convenience, owner financing is available, making this property even more attractive to potential buyers. The property's location in the thriving city of Weatherford, Parker County, Texas, zip code 76086, offers excellent visibility and access to a strong customer base. This is a rare opportunity to acquire a well-maintained, high-traffic retail space with significant potential for growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $456,320

  6.5%

  $421,219

  7%

  $391,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,209

  Geo Method

  $494,892

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $820,886

  Retail / Commercial

  $422,590

  Mixed-Use / Specialty

  $422,379

  Hospitality / Lodging

  $311,572

  Office

  $421,219

  Institutional / Educational

  $439,567

  Residential Income

  $514,293

  Multifamily

  $609,634

  Automotive / Energy

  $376,771

  Parking / Income-Based Land

  $128,739

  Restaurant / Food Service

  $222,447

  Healthcare / Senior Housing

  $431,813

Location Insight

City

Weatherford

County

Parker

State

Texas

Latitude

32.774

Longitude

-97.7978

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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