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    Us Hwy 180 Hwy Mineral Wells, TX 76067

    Sponsored
    For Sale
    $495,000

    8 Acres, High Visibility, Mineral Wells, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.402-acre commercial lot boasts over 1000 feet of frontage on US Highway 180 in Mineral Wells, Texas, zip code 76067. Located in Palo Pinto County, this property is ideally situated just 1.3 miles west of the revitalized Historic Downtown Mineral Wells, placing it on the main route to the popular Possum Kingdom Lake. The area is experiencing significant growth, with ongoing renovations of the Baker and Crazy Water Hotels contributing to a vibrant atmosphere. The property's Commercial zoning allows for a wide range of development opportunities. Its convenient location offers easy access to the City Park, various sports facilities, the medical district, and the county hospital. The high visibility afforded by the extensive highway frontage makes this an excellent investment for businesses seeking maximum exposure. Multiple residential neighborhoods are nearby, presenting further potential for synergistic development. All information provided is believed to be accurate but should be independently verified. The asking price is $495,000.

    Property Features for 0 Us Hwy 180 Hwy

    General Information

    Property type
    Land
    Lot Size
    365,991 SF

    HighLights

    • 8.402‑acre commercial lot in Mineral Wells, TX (76067).
    • Over 1000 feet of US Highway 180 frontage.
    • Located 1.3 miles west of Historic Downtown Mineral Wells, near Possum Kingdom Lake.
    • Commercially zoned for diverse development opportunities.
    • High visibility and convenient access to amenities.
    • Asking price: $495,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mineral Wells
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.1881225
    Latitude
    32.797518

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    FAQs

    What type of property is this?
    Land - 8 Acres, High Visibility, Mineral Wells, TX
    Where is this land located?
    The property is located at Us Hwy 180 Hwy Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 8.402-acre commercial lot in Mineral Wells, TX (76067).; Over 1000 feet of US Highway 180 frontage.; Located 1.3 miles west of Historic Downtown Mineral Wells, near Possum Kingdom Lake.
    (940) 452-7915
    Request Owner's contact information
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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
    Us Hwy 180 Hwy Mineral Wells, TX 76067
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