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30865984
30865983

406 Center Point Road, Weatherford, TX 76087

Willhite Realty Group
Listed by Willhite Realty Group
$1,975,000
507 days on market
Updated 18 days ago

I-20 Hard Corner Sale Or Ground Lease Parker County Texas

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.500
Zoning Interstate
Ownership Single
Sale Condition 1031 exchange

Hard Signalized Corner Shared By New Costco & Sprouts Anchored Developments

Marketing description

Approximately 1.5 acres at the Southwest Hard Corner of Interstate 20 and the New East Loop at Center Point Road. 75,000+ car count and strategically located between Hudson Oaks and Weatherford. Across from New Costco and Sprouts anchored shopping center, including Jason's Deli, Starbuck's, plus many more coming this year. Also near HEB, WalMart, Cheddars, Chuy’s, Urban Air, 336 multi family unit, Creekside at Hudson Oaks and 332 multi family unit, Birchway.

Investment highlights

SW signalized hard corner at Center Point Rd & I-20 in Weatherford, directly in the path of major retail growth including Costco and a Sprouts anchored retail center opening Fall 2026. This is the only hard corner on the Loop without a fueling station and is at the entrance to the new East Loop along I-20.

We’ve had multiple national operators pursue this site, including a signed contract in 2024. The only reason it hasn’t closed is not demand, it’s that no one has taken the project through a formal approval process.

I want to be upfront:

When developers call the City informally, they are being told a fueling station is “unlikely to be approved.

As a result, no one has submitted a full application, so there has never been a formal review, public hearing, or vote.

This creates a unique opportunity for the right operator:

  • Zero formal denial on record
  • No ordinance prohibiting the use
  • Comparable fueling stations approved in the same corridor
  • High-traffic interstate location with strong retail anchors

In short:

Every developer before you walked away because they assumed the outcome. No one has ever tested it. That’s why the opportunity still exists.

The barrier is political, not legal and it has never been tested publicly.

If you’ve developed in markets where the path isn’t handed to you but created, you’ll recognize the opportunity here.

The attached presentation summarizes the site, surrounding development, public record, comparable fueling station approvals in the corridor and the entitlement path for the right developer/operator willing to move forward. As reflected in the recap, this is not a site that has been formally denied through Planning & Zoning or City Council; rather, developers have been discouraged before taking the property fully through the public process.

Comparable approvals along the same corridor in Weatherford include QuikTrip locations approved in 2024, a 7-Eleven approved in April 2025, and RaceTrac approved in August 2025 after concept refinement. That history suggests the opportunity may be financeable for the right team and structure.

Listing Contacts

Willhite Realty Group
Listed by Willhite Realty Group

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