0 Oak Ave Mineral Wells, TX 76067
This exceptional 0.71-acre commercial land parcel boasts over 250 feet of frontage on US Highway 281. Ideally situated less than a mile from the revitalized downtown Mineral Wells area, this property offers unparalleled access to the thriving Crazy Water Hotel and the Baker Hotel and Spa. The elevated lots present a unique opportunity for development, with significant potential for various commercial ventures. This property is available for purchase individually or in conjunction with an adjacent supermarket lot (sold separately), providing an opportunity for synergistic development. The location offers high visibility and easy access for customers and employees. The property is zoned for commercial use (verification recommended). This is a rare chance to be part of the ongoing resurgence of Mineral Wells, Texas. All information provided is believed to be accurate but should be independently verified. The asking price is $52,500. The property is located at S Oak Ave, Mineral Wells, TX 76067, in Palo Pinto County.
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.