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Flex Space with Shop-Warehouse
New
For Sale
$550,000

516 Grant Road, Mineral Wells, TX 76067

CommercialSale, Mineral Wells, TX

Property Size7,518 SF
Lot Size1.54 Acres
Price / SF$73.16
Days on Market1

Property Features for 516 Grant Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Parking features Covered, Secured
Subdivision Wolters 500 Industri
Lot features Acreage, Level
Directions From Weatherford, take US 180W to Mineral Wells. Turn N. on Washington Ave. Stay Left at the Y onto Lee Rd. Lee Will circle back West and become Grant Rd. Property will be on the North side. Sign on Property.
Standard status Active
APN 28007
Lot size 1.54 Acres

Additional Details

Property Use Office/Warehouse

Taxes and HOA fees

Tax Description ACRES: 1.540 WOLTERS 500 INDUSTRIAL BLK 1 LOT
Tax Annual Amount 6862
Legal Description ACRES: 1.540 WOLTERS 500 INDUSTRIAL BLK 1 LOT

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 1
Flooring type Concrete, Laminate
Building materials MetalSiding
Roof type Metal
Listing Agency: SOURCE 1 REAL ESTATE
Listed By: Marty Logan · License #0587020
Added: Nov 2 Last Checked: Nov 2 at 5:06PM
MLS# 21426011

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 7,518-square-foot flex property was built in 1980 and includes office space alongside a high-bay shop and warehouse area. The building has metal siding and a metal roof, with concrete and laminate flooring. Some areas have been vandalized, and repairs are needed before occupancy or use.

The property occupies 1.54 acres on Grant Road in Mineral Wells, Palo Pinto County. Public water and sewer serve the site. Heating and cooling are provided by central electric systems, and covered, secured parking is listed among the property features.

Key Highlights

  • 7,518 square feet of building area
  • 1.54‑acre parcel on Grant Road in Mineral Wells
  • Office area plus high‑bay shop and warehouse space

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Tank Sandblasting & Painting Renovation Specialist B&H Construction General Contractor

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Electrical Service Plumbing Service Big Box & Wholesale Store

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The property combines office and shop-warehouse areas on a sizable outdoor parcel.
Where is this flex space located?
The property is located at 516 Grant Road Mineral Wells, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7,518 square feet of building area; 1.54‑acre parcel on Grant Road in Mineral Wells; Office area plus high‑bay shop and warehouse space
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