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Property profile & analytics
OFF-MARKET
Specialty properties

2501 Garrett Morris Pkwy Mineral Wells, TX 76067

12,660 SF 5.06 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Mineral Wells, Texas, presents a unique investment opportunity. The 12,660 square foot property, situated on a 5.063-acre lot, currently operates as a PK-12 private school. Comprising two connected, single-story buildings constructed in 1982, the property boasts multiple offices, classrooms, common areas, workrooms, a library, computer and science labs, restrooms, and a kitchen. The non-load-bearing interior walls offer significant flexibility for reconfiguration to suit diverse business needs. Zoned for commercial use, this property offers excellent visibility and accessibility, with frontage on two FM Roads and proximity to Mineral Wells Regional Airport. The expansive lot provides ample room for expansion. Mineral Wells' growing tourism and outdoor recreation sectors make this a strategically advantageous location for a new business or the relocation/expansion of an existing one. Asking price is $1,400,000 ($110.58/sq ft). The property's address is 2501 Garrett Morris Pkwy, Mineral Wells, TX 76067.

Property profile
Verified
Property type Specialty properties
Year built 1982
Total area 12,660 SF
Lot 5.06 ac (220,544 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
  • Community Christian School High School
  • Drive in circus live Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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