1235 Mineral Wells Hwy, Weatherford, TX 76086
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.
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West Side Washateria (Bike/Boat/Book/etc) Store
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.