Turnkey Event Venue with
3220 Mineral Wells Highway Weatherford, TX 76088
New
3220 Mineral Wells Highway, Weatherford, TX, 76088
$1,445,000
For Sale
$1,445,000
COMMERCIAL - Weatherford, TX
Property Size6,413 SF
Lot Size15.92 Acres
Price / SF$225.32
Days on Market6
Property Features for 3220 Mineral Wells Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- R000129727
- Size
- 6,413 SF
- Lot size
- 15.92 Acres
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2010
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete
- Building materials
- Frame, Concrete, Rock, Stone, WoodSiding
- Roof type
- Metal, Composition
Listing Agency
The Platinum Group RE, LLC
(817) 341-6156
Weatherford, TX
Listed by
Phillip Sanders · License #0744970
(817) 629-9457
Added: Jul 13 Checked: Jul 18 at 9:06 pm
MLS# 20913348
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This turnkey event venue sits on 15.92 acres and includes three primary buildings plus a historic log cabin. The two-story main building offers two restrooms, dressing rooms, and a bar and kitchen area, with upstairs event space of 600 SF for 50 guests and a main-floor event area of 2,600+ SF for 120 guests. A separate pavilion provides 2,007 SF of covered space with two restrooms and a kitchen, seating 125 indoors and 250 outdoors. An office at the property entrance includes 1,200 SF and one full bath.
The property is positioned along US Highway 180 with over 1,100 feet of frontage. The grounds feature mature trees, gardens, and scenic trails across the front, along with a small lake, a private water well, and three septic systems. Behind the main venue, a lighted outdoor entertainment area includes a stage, dance floor, and covered seating.
A charming historic settler’s log cabin is located beside the main venue and is described as having potential as a short-term rental with minimal renovation. The listing also notes development potential for future uses such as an RV park or industrial park, or continued operation as an event center. Buyer and buyer’s agent should confirm all information is accurate. The property sells with all inventory needed to start the business.
The property is positioned along US Highway 180 with over 1,100 feet of frontage. The grounds feature mature trees, gardens, and scenic trails across the front, along with a small lake, a private water well, and three septic systems. Behind the main venue, a lighted outdoor entertainment area includes a stage, dance floor, and covered seating.
A charming historic settler’s log cabin is located beside the main venue and is described as having potential as a short-term rental with minimal renovation. The listing also notes development potential for future uses such as an RV park or industrial park, or continued operation as an event center. Buyer and buyer’s agent should confirm all information is accurate. The property sells with all inventory needed to start the business.
Key Highlights
- 15.92‑acre property on US Highway 180 with 1,100+ ft of highway frontage, about 4 miles from downtown Weatherford, TX
- Event venue includes a 2‑story main building with 3,264 SF total, two restrooms, dressing rooms, and bar/kitchen area
- Main building event spaces: 2,600+ SF main floor seating for 120 and 600 SF upstairs event space seating for 50
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.8k | $21.96 |
| − Vacancy | −$32.4k | −$5.05 |
| EGI | $108.4k | $16.91 |
| − OpEx | −$27.1k | −$4.23 |
| NOI | $81.3k | $12.68 |
6,413 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.36M
NOI $81,329 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$6.37M
$5.58M – $7.43M
NOI $446,064 @ 7.0% cap · market cap 30.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Black Ranch Events, ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Event venue on 15.92 acres with over 1,100 feet of Highway 180 frontage, three buildings, and lighted outdoor entertainment area.
Where is this wedding venue located?
The property is located at 3220 Mineral Wells Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: 15.92‑acre property on US Highway 180 with 1,100+ ft of highway frontage, about 4 miles from downtown Weatherford, TX; Event venue includes a 2‑story main building with 3,264 SF total, two restrooms, dressing rooms, and bar/kitchen area; Main building event spaces: 2,600+ SF main floor seating for 120 and 600 SF upstairs event space seating for 50
