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Property profile & analytics
OFF-MARKET
Land

200 Garrett Morris Pkwy Mineral Wells, TX 76067

4.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.55-acre commercial land parcel presents a unique investment opportunity in Mineral Wells, Texas. Strategically located on Garrett Morris Parkway/FM 1821, just off Highway 180, this site boasts unparalleled visibility and accessibility. Its prime location is surrounded by a thriving mix of national and regional tenants, including McDonald's, Arby's, Tractor Supply, Sutherlands, Harbor Freight, Walden Ranch & Home, Walmart, Atwood Ranch & Home, Dollar Tree, and Wing Stop, ensuring high traffic and strong consumer presence. The property's proximity to the "Wells," a 486-home master-planned community to the south, further enhances its long-term growth potential. The property is zoned for commercial use and offers significant development possibilities. The seller is open to considering the division of the parcel, providing flexibility for various development scenarios. This is the largest available commercial site in this area, making it a highly desirable location for businesses seeking a prominent presence in a rapidly growing market. The APN is R000006960. The property is owned solely by the seller. This is a for-sale-by-owner listing. The address is 200 Garrett Morris Pkwy, Mineral Wells, TX 76067. Palo Pinto County.

Property profile
Verified
Property type Land
Lot 4.55 ac (198,198 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tractor Supply Co. Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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