3201 Highway 281 Mineral Wells, TX 76067
This exceptional 14.19-acre commercial lot presents a remarkable development opportunity in Mineral Wells, Texas. Strategically located on Highway 281, this property boasts high visibility and accessibility, with direct frontage on both Highway 281 and North Oak Street, ensuring significant traffic exposure. The property is zoned commercial, providing flexibility for a wide range of development projects. Imagine constructing a modern office building, a convenient retail space, or an industrial facility to capitalize on the high traffic volume of this major Texas thoroughfare. Alternatively, the unique setting lends itself to the creation of a barndominium, combining business and residential space. The property's natural beauty is enhanced by a flowing creek that traverses the land. All essential utilities are readily available, including city sewer, water, and electricity, simplifying the development process. Located within the city limits of Mineral Wells, this 14-acre parcel offers unparalleled potential for investors and developers seeking a prime location with exceptional visibility and access to key infrastructure. The asking price is $326,370. This is a rare opportunity to acquire a substantial commercial lot in a thriving Texas community. Don't miss out on this chance to build your vision in a high-traffic, highly visible location.
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
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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.