2501 Garrett Morris Pkwy Mineral Wells, TX 76067
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.
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Community Christian School High School
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Drive in circus live Arcade & Gaming Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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