Commercial Property for Sale in Mineral Wells Texas 76067

Commercial Property for Sale in Mineral Wells Texas 76067 is an industrial for sale in Mineral Wells, Texas, listed at $3,500,000. Key details: year built 1986, building size 36,776 sqft, stories 1, total units 288. Listed by Brandon Robinson of Calvary Realty on LoopingCloud and last updated August 14, 2025.

Key facts

Year Built

1986

Building Size

36,776 sqft

Stories

1

Total Units

288

Building Class

Class B

Occupied

Yes

Occupancy

87%

Property Status

Normal Sale

Building Status

Existing

Net Lease Investment

Yes

Pricing details

Net Operating Income

$180,159

Financing

Third Party Financing

Investment Property

Active investment property

Actual - Cash Flow

Source: Yearly tax returns

Acquisition options

Highlights

• Significant Value-Add Potential: The substantial difference between the current Cap Rate (5.15%) and the Pro-Forma Cap Rate (8.26%), along with an 87% occupancy, suggests considerable upside potential through lease adjustments, operational efficiencies, o
• Diverse Income Stream (Multi-Tenant): With 251 tenants across 288 units, the property benefits from a highly diversified income stream, reducing risk associated with tenant turnover compared to single-tenant properties.
• Flexible Usage (Mixed-Use/Flex/Warehouse): The property's versatility as industrial, mixed-use, office, flex, and warehouse space broadens its appeal to a wide range of businesses and tenant types, enhancing its long-term viability.
• Attractive Price Point: At $95.17 per square foot and $12,152.78 per unit, the property is priced competitively, especially considering its value-add potential and diverse tenant base.
• Established Infrastructure (Built 1986): Built in 1986, the property offers established infrastructure with 36,776 square feet of net rentable space, providing a solid foundation for future improvements and increased profitability.

About this area - Mineral Wells

Population

22,018

Housing units

8,531

Land area

177.0 sq mi

County

Palo Pinto

Listing ID

CL-New Mexico-25377

Published

May 28, 2025

Last updated

Aug 14, 2025

Views

147

Status

Sold

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