315 York AveWeatherford, TX 76086
- Other commercial real estate
- 11,760 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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