180 Hwy Mineral Wells, TX 76067
This exceptional 2.47-acre commercial land parcel presents a rare development opportunity in Mineral Wells, Texas. Located at the highly visible corner of Highway 180 East and S.E. Industrial Parkway, this property boasts approximately 338 feet of Highway 180 frontage, ensuring maximum exposure. Its level topography and prime location within city limits make it ideal for a variety of commercial uses, including retail stores, restaurants, or office buildings. The site benefits from exceptionally high TXDOT traffic counts, among the highest in the city, guaranteeing significant visibility and accessibility. Situated across from Mineral Wells High School and its associated sports complexes, this location enjoys a strong daily traffic flow. Furthermore, its proximity to major national retailers enhances its appeal and potential for success. Extensive work has been completed to remove the property from the floodplain, with a FEMA report readily available for review. This is a truly unique opportunity to acquire a ready-to-develop commercial site in a thriving Texas community. The asking price is $1,950,000. The property is zoned for commercial use and offers significant potential for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.