Address
3611 N Sh-51, Weatherford, TX
Price
$ 2,300,000
Property Attributes
- MLS#20599262
- TypeCommercial
- CountyPARKER
- CityWeatherford
- Zip76088
- StyleIndustrial
- Year Built2009
- Taxes$ 19890
- Price$ 2,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4.705 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Single-tenant net leased asset being offered with lease expiring in August of 2028 on an approximate 7.5% cap. Tenant has one 5-year renewal option. 3% per annum escalations on lease. Tenant is an oil and gas related operation. Property is comprised of a main office-warehouse building with approximately 35% office finish-out, 7 grade doors ranging from 10' to 16' tall, one attached wash bay, and one mezzanine storage that could be converted to additional office space. The main building has 18' clear heights. The second building is a storage warehouse with equipment shed and it has two grade level doors (12' tall). The third building is a shop building with three grade level doors (12' tall) and restroom. There is one on-site fuel canopy with fuel and well house, two septic systems, and one well. The property has a large fenced-in yard area with highway frontage along SH-51 positioned between Weatherford and Springtown.
| Price History | |
|---|---|
| 4/26/2024 | Listed $2,300,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | Aerobic Septic,Electricity Connected,Private Sewer,Private Water,Septic,Well |
| Ceiling Height | 15 to 20 Feet |
| Possession | Closing/Funding,Subject to Lease |
| Roof | Metal |
| Exclusions | All tenant personal property and all owner's personal property within the workshop building. |
| Year Built | 2009 |
| Tenant Pays | All Utilities,Common Area Maintenance,Insurance,Taxes |
| Business Type | Industrial |
| Unexempt Taxes | 19890 |
| Building Use | Automotive,Industrial,Office/Warehouse |
| Owner Pays | Other |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Industrial |
| Subdivision Name | None |
| Zoning Description | None |
| Occupant Type | Tenant |
| Occupant Name | Polaris Services |
| County | Parker |
| Property Type | Commercial Sale |
| Construction Materials | Metal Siding |
| Year Built Details | Preowned |
| Number Of Leaseable Spaces | 1 |
| Status | Active |
| Directions | Take SH-51 North from Weatherford,on west side of SH-51 between Old Springtown Road and Green Branch Road intersections. |
| City | Weatherford |
| Buyer Agent Compensation | 2.5 |
| Street Name | SH-51 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20599262 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Ceramic Tile,Concrete,Vinyl |
|---|---|
| Total Stories | 2 |
| Total Units | 1 |
| SQFT Gross | 18927 |
| Lock Box Type | None |
Exterior Features
| Freight Doors | Grade Level |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Gated,Gravel |
| Lot Size | 3 to < 5 Acres |
| Foundation | Slab |
| Lot Size Area | 4.7050 |
| Lot Size Units | Acres |
| Construction Materials Walls | Metal |
| Building Area Total | 18927.00 |
| Road Frontage Type | Highway |
| Lot Size Square Feet | 204949.8000 |
| Lot Size Acres | 4.7050 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 76088
Price
Taxes
Visits
Year Built
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