4101 Us-180 Mineral Wells, TX 76067
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1,925 SF Office/Retail Investment
Property size:
1,925 SFProperty Features for 4101 Us-180
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 1,925 SF
- Class
- A
- Lot Size
- 31,799 SF
Building Details
- Year Built
- 2008
- Buildings
- 1
- Stories
- 1
Listing Agency: SOURCE 1 REAL ESTATE Listing Agent: Marty Logan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 1,925-square-foot commercial property, built in 2008, sits on a 0.73-acre lot in Mineral Wells, Texas, at the highly visible intersection of US-180 E and NE 40th Street. The property boasts a prime location on the eastern commercial corridor, surrounded by numerous national and local businesses, including Super Walmart, McDonald's, Walgreens, and Starbucks. Currently operating at 100% occupancy with a single tenant, this Class A building offers significant income potential. The asking price is $698,000, representing a 4.30% cap rate and a $362.60 price per square foot. The property's Net Operating Income (NOI) is $30,000 annually. Zoned for commercial use, this versatile space is suitable for various businesses, including executive offices, quick-service restaurants, or retail establishments. The property features convenient access from Hwy 180 E and a side street, making it highly accessible. City water and sewer are available. The land value alone is estimated at $285,000 per acre. This owner-user investment opportunity presents a strong return and excellent potential for future growth, given its strategic location near major retailers and Mineral Wells High School. The property includes one single-story building. The lease type is gross. The parcel ID is 5289 & 5290.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Mineral Wells
- County
- Palo Pinto
- State
- Texas
- Longitude
- -98.073066681589
- Latitude
- 32.810688324853
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FAQs
What type of property is this?
Retail property - 1,925 SF Office/Retail Investment
Where is this retail property located?
The property is located at 4101 Us-180 Mineral Wells, TX.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 1,925 SF single-story building on a 0.73-acre lot in Mineral Wells, TX, at the highly visible intersection of US-180 E and NE 40th Street.; Excellent location on the eastern commercial corridor, surrounded by national retailers including Walmart, McDonald's, Walgreens, and Starbucks.; Currently 100% occupied with a gross lease, generating $30,000 annual NOI.
