Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4210 Mh 379 Mineral Wells, TX 76067-9032
    Back to Search
    Property profile & analytics

    4210 Mh 379 Mineral Wells, TX 76067-9032

    View on Map
    • Commercial real estate
    • 9.36 lot acres
    Off-Market
    Property ID
    US82-5929488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4210 Mh 379

    Lot size
    9.36 lot acres
    Property type
    Commercial real estate
    APN
    42760000
    APU
    42760000

    Description

    This exceptional 9.36-acre commercial property in Mineral Wells, Texas, presents a unique development opportunity. Located at 4210 MH 379, Palo Pinto County, zip code 76067 (APN 05334), this level parcel boasts a prime location near the airport and a thriving commercial corridor. Currently zoned for manufactured housing (MH), the land previously served as a mobile home park, offering existing infrastructure potential. City services are readily available; however, sewer connection may necessitate a lift station. The asking price for this expansive tract is $279,000. Its flat topography makes it ideal for various commercial ventures, providing significant potential for investors seeking a strategic location with established access to key amenities and transportation links. The property's proximity to the airport and commercial areas ensures high visibility and accessibility, making it an attractive proposition for developers and businesses alike. This is a rare opportunity to acquire a substantial piece of land in a growing Texas market. Coordinates: 32.751648, -98.124196.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Wells
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.0694
    Latitude
    32.7869
    CBSA code
    33420
    CBSA name
    MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,571
    $201,240
    $0.00
    $201,240
    -
    $201,240
    $0.00
    $201,240

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      1408 Hubbard St

      COMMERCIAL (GENERAL) • 0.11 Acres
      1408 Hubbard St, Mineral Wells, TX 76067-5556
      View Details
    • Value Estimation by Request
      1.93 Acres

      Keller Rd

      COMMERCIAL (GENERAL) • 1.93 Acres
      Keller Rd, Mineral Wells, TX 76067
      View Details
    • Value Estimation by Request
      3,200 SF

      1016 28th St

      COMMERCIAL (GENERAL) • 3,200 SF
      1016 28th St, Mineral Wells, TX 76067-8134
      View Details
    • Value Estimation by Request
      2,700 SF

      2105 2nd St

      COMMERCIAL (GENERAL) • 2,700 SF
      2105 2nd St, Mineral Wells, TX 76067-4624
      View Details
    • Value Estimation by Request
      2,400 SF

      601 3rd St

      COMMERCIAL (GENERAL) • 2,400 SF
      601 3rd St, Mineral Wells, TX 76067-4517
      View Details
    • Value Estimation by Request
      1,800 SF

      304 3rd St

      COMMERCIAL (GENERAL) • 1,800 SF
      304 3rd St, Mineral Wells, TX 76067-5244
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.24 Acres

      Land in Local Business District

      Unimproved land zoned for local business in Mineral Wells, TX.
      1402 SE 6Th Ave, Mineral Wells, TX 76067
      View Details
    • $289,000
      6.00 Acres

      6 Acre Riverfront Land

      Unimproved land in Brazos Mountain Ranch, Mineral Wells, TX.
      Shoals Lot 133 Riv, Mineral Wells, TX 76067
      View Details
    • $135,000
      5.37 Acres

      Palo Pinto County Land

      5+ acre tract in Palo Pinto County, Texas.
      36 Big Bend Rd, Mineral Wells, TX 76067
      View Details
    • $429,900
      4.88 Acres

      4.88 Acres on State Highway

      4.88 acres of improved land with highway frontage.
      2500 S Oak Ave, Mineral Wells, TX 76067
      View Details
    • $150,000
      5.00 Acres

      Unrestricted Land in Mineral Wells

      5 acre tract ideal for home build and equine athletes.
      3 Hayes Rd, Mineral Wells, TX 76067
      View Details
    • $52,500
      0.71 Acres

      Highway Frontage Land in Mineral Wells

      Prime commercial land with highway frontage near revitalized downtown.
      S Oak Ave, Mineral Wells, TX 76067
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      640 SF

      Downtown Mineral Wells Commercial Space

      Versatile commercial space in vibrant downtown Mineral Wells shopping district.
      220 N Oak Ave, Mineral Wells, TX 76067
      View Details
    • Contact for pricing
      8,133 SF

      Versatile Commercial Space for Rent

      Adaptable commercial property suitable for medical or office use.
      400 1St St, Mineral Wells, TX 76067
      View Details
    • $1,750 /Mo
      1,176 SF

      Downtown Mineral Wells Retail Space

      Versatile space ideal for retail or customer service businesses.
      220 N Oak Ave, Mineral Wells, TX 76067
      View Details
    • $15 SF/Yr

      Retail Center Shadowing Walmart

      26,959 SF retail center anchored by Dollar Tree.
      937 Fm 1821, Mineral Wells, TX 76067
      View Details
    • $9,000 /Mo
      9,044 SF

      Versatile Medical/Office Building For Lease

      Adaptable office building with ample parking and multiple possibilities.
      400 1St St, Mineral Wells, TX 76067
      View Details
    • $9,000 /Mo
      9,044 SF

      Mineral Wells Retail Space Available

      Retail space available for lease in Mineral Wells, Texas.
      400 1St St, Mineral Wells, TX 76067
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4210 Mh 379
    Mineral Wells, TX 76067-9032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4210 Mh 379, Mineral Wells, TX, 76067
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!