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Two Office Buildings Near Highway
For Sale
$410,000

10507 SW 1st Street, Mineral Wells, TX 76067

Two office buildings in Mineral Wells, Texas, near Highway 281.

Property Size2,328 SF
Lot Size0.07 Acres
Price / SF$176.12
Days on Market689

Property Features for 10507 SW 1st Street

General Information

Standard status Active
Size 2,328 SF
Lot size 0.07 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $6,953

Building Details

Year Built 1930
Listing Agency: BOURQUIN REALTY
Listed By: David Bourquin · License #0596715
Source: Exitrealty
Added: Oct 15, 2024 Changed: Aug 9 Last Checked: Aug 14 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BOURQUIN REALTY

Investment Insights

Based on property information with market context.

Two attached buildings, located at 105 and 107 SW 1st Street, are available for purchase. Building 105 is move-in ready, depending on the business type, and features tile floors, a drop-down ceiling, a bathroom, an entry room, and three adjoining rooms. Building 107 requires some renovation. The buildings are located just off Highway 281 and First Street, and two blocks from the Baker Hotel. The buildings could be joined together, as they are considered one property by the Appraisal District. The property has a size of 2328 square feet and is suitable for commercial real estate.

Key Highlights

  • Prime location just off Hwy 281 and First Street.
  • Two attached buildings offering flexibility.
  • Potential to combine both buildings into one larger space.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

Demographics for 76067, TX

20,473
Population
8,660
Households
2.4
Avg Household Size
39
Median Age
13%
College-Educated
84%
High-School Grad
197.6 sq mi
ZIP Area
104
Density / Sq Mi
$59,670
Median Household Income
$35,532
Median Earnings
$1,050
Median Rent
$156,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two office buildings in Mineral Wells, Texas, near Highway 281.
Where is this office units located?
The property is located at 10507 SW 1st Street 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 offering flexibility.; Potential to combine both buildings into one larger space.
More about this property
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