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    10507 SW 1St St Mineral Wells, TX 76067

    For Sale
    $410,000

    Office - Mineral Wells, TX

    Type:Office
    Lot size:
    0.07 Acres
    Days on Market:
    422
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 10507 SW 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    19996
    Parking features
    Driveway, Garage, On Street, Parking Lot
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1930
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Metal, Mixed
    Architectural style
    Other

    BOURQUIN REALTY (940) 329-5070

    Listing agent David Bourquin (940) 329-5070 License #0596715

    Listing date Oct 15, 2024

    MLS# 20754572 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Move-in Ready Office in Mineral Wells

    Two attached office buildings share a common entrance, addressed as 105 and 107. Building 105 is move-in ready, contingent on the specific business requirements. It features tile floors, a drop-down ceiling, a bathroom, an entry room, and three adjoining rooms. Building 107 requires some renovation. The property is located just off Hwy 281 and First Street, with the Baker Hotel situated two blocks away. The two buildings could be joined together, as they are recognized as a single entity by the Appraisal District. The lot size is 0.07 acres and is located in Mineral Wells, TX.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Wells
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.11333876
    Latitude
    32.80822781

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    FAQs

    What type of property is this?
    Office building - Two attached office buildings near Hwy 281 and First Street.
    Where is this office building located?
    The property is located at 10507 SW 1St St Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Prime location just off Hwy 281 and First Street.; - Two attached buildings with potential to be joined.; - Building 105 is move-in ready, depending on business type.
    (940) 329-5070
    Request Owner's contact information
    10507 SW 1St St Mineral Wells, TX 76067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10507 SW 1St St Mineral Wells, TX 76067
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