517 Grant Rd Mineral Wells, TX 76067-8826
This exceptional investment opportunity presents a unique 26,800-square-foot industrial complex situated on 6.3 acres within the Mineral Wells Industrial Park in Palo Pinto County, Texas. The property, located at 517 Grant Rd, Mineral Wells, TX 76067, boasts three buildings totaling 26,800 square feet and features a FAA-permitted helicopter landing pad – a legacy of its past use as a helicopter repair facility for the Fort Wolters US Military training site. The main building, approximately 25,000 square feet, showcases impressive interior construction, including 18 working bays, an overhead hoist, multiple administrative offices, a parts room, ample storage, shipping and receiving areas, and a one-bedroom, one-bathroom living space. A second building, roughly 1,800 square feet, offers three additional working bays, a bathroom, and a storage room. The third building, originally a security guard shack, has been converted into a one-bedroom, one-bathroom apartment. The main shop building is further enhanced by an underfloor hydraulic lift and separate male and female restrooms. This property represents a rare chance to acquire a piece of history and a well-equipped industrial complex with significant potential. The asking price is $975,000. The property is a two-story structure with three units.
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Fort Wolters Helicopters Inc Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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