Entity Owned Property summary
This iconic Mineral Wells, Texas drive-in restaurant, established in 1980, is available for $299,000. Located on a high-traffic section of US Highway 281, this 1,296 square foot, single-story building sits on a 0.22-acre lot and is zoned for general retail. The property includes all necessary equipment for continued operation, including a new freezer, a new four-compartment sink, a grill, three freezers (one walk-in), four fryers, soda machines, and a soft-serve machine. This turnkey… operation offers an immediate opportunity for an owner-operator to take over a well-established business with a loyal customer base, evidenced by numerous positive reviews from patrons across the country. Alternatively, the property presents a prime commercial real estate investment opportunity, allowing for either a replacement restaurant or lease to a new tenant. The property's location benefits from the economic growth of Mineral Wells, home to notable attractions like The Crazy Water Hotel and The Baker Hotel and Spa. All information is deemed reliable but not guaranteed and should be independently verified. The property is located at 1504 S Oak Ave, Mineral Wells, TX 76067.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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