315 York AveWeatherford, TX 76086

  • Other commercial real estate
  • 11,760 SF
For Sale
$1,421,400 View listing

Property Details for 315 York Ave

Year built
1946
Lot size
0.64 AC
Property size (Sq ft)
11,760 SF
Property type
Other commercial real estate
APN
19035-038-024-10
APU
1903503802410

Description

This exceptional investment opportunity in Weatherford, Texas, presents two adjacent retail buildings totaling 11,760 square feet on a 0.64-acre lot. Ideally located in the downtown area, just outside the North-West quadrant, the property boasts ample parking. The main building underwent a complete remodel between 2022 and 2023, showcasing modern design and aesthetics. A significant advantage is the 8-year Absolute NNN lease signed in September 2022, featuring a highly reputable, multi-generational family-owned business as the tenant. This lease includes annual 2% inflation adjustments, guaranteeing consistent and increasing income. The property's strong tenant history and long-term lease structure provide exceptional security and predictable returns, making it an attractive addition to any diversified investment portfolio. The combination of a prime location, modern updates, and a secure, long-term lease makes this a truly compelling investment opportunity. This property offers a rare blend of stability and growth potential in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,282,757
    Hospitality
    $3,006,988
    Educational
    $2,501,778
    Medical
    $2,587,818
    Retail
    $3,891,656
315 York Ave, Weatherford, Texas

Location Insight

City
Weatherford
County
Parker
State
Texas
Latitude
32.7621
Longitude
-97.7984
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
2023
$8,732
$111,860
$342,690
$454,550
-
$111,860
$342,690
$454,550

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