You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1235 Mineral Wells Hwy Weatherford, TX 76086

1,500 SF 0.26 ac lot Built 1971
Property ID
Property summary
AI-generated overview

This fully operational laundromat in Weatherford, Texas, presents a unique owner-user or investment opportunity. Located at 1235 Mineral Wells Hwy, 76086, this 1,500 square foot, single-story building sits on a 0.256-acre lot and boasts a 100% occupancy rate. Completely renovated in 2023, the property features newly installed HVAC, LED lighting, ceiling fans, fresh interior and exterior paint, a new change machine, a state-of-the-art 24-hour HD video security system, new folding tables, and large all-gas dryers. The building, constructed in 1971, is zoned for commercial use and offers significant potential for expansion due to its prime location and established clientele. The asking price is $399,000, representing a price per square foot of $266. Financial information, including Profit & Loss statements, is available upon request. This turnkey operation includes the property, building, and all business assets. The current Net Operating Income (NOI) is $2,500, resulting in a 0.63% cap rate. This is an exceptional opportunity to acquire a profitable, established business with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 1,500 SF
Lot 0.26 ac (11,151 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
  • West Side Washateria (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1235 Mineral Wells Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message