9990 Mineral Wells Highway

9990 Mineral Wells Highway
none
Weatherford, Texas. 76088
$350,000.00
Summary
Building SqFt: 3,800 / Public Records
Gross SqFt: 3,800 / Public Records
$/Gr SqFt: $92.11
Zoning: not zoned
# Units:35
Stories:
Year Built: 2014 / Preowned
Unexempt Taxes: $0
Leasable SqFt: 0
Property Description

High visibility on the Mineral Wells Hwy corrider between Weatherford and Mineral Wells known as Cool Tx. Value -add invester opportunity in Weatherford-Cool! This 1.118 acre prtoperty on high-traffic Mineral Wells Hwy (US180) features a 35 unit storage facility, a large 1800 Sq Ft commercial workshop, and a 600 sq ft 1bed 1 bath fixer upper home. Due strictly to past property managment challenges, the storage facility is heavily under rented ( only 4 units currently occupied), offering an incredible turnaround play. Storage infrastructure includes 31 (10x10) units at market rent of $85.00-mo and 4 (5x5) units at $55.00-mo, projecting a baselinestorages gross income of $2,855-mo ( $34,260-yr.) at full occupancy. The large, 1800 sq.ft workshop is perfectfor a contractor, mechanic, or owner operator, or leased out for additional income. The 1.188 acres offers execellent highway visibility, prominent signage potential, and ample open land( with 4 ingress-egress options) to expand into lucrative boat-rv parking. Bring your management skills to unlock this multi-stream income property.

Property Information
Pool:
No
Handicapped Accessible:
Yes
Home Owner's Association:
No
Parking:
Directions:
From Weatherford travel west on Mineral Wells Hwy. Go past 113 North the property is on the North side of Hwy 180.
Possession:
Closing/Funding
Showing:
Go Show-No Appt. Necessary
Property Detail
Flooring:
Concrete
Ceiling Height:
11 to 14 Feet
Heating / Cooling:
Other
TransactionIncludes:
Land & Improvements
Security:
Unknown
Construction:
Metal Siding,Wood
Wall Construction:
Metal,Other
Roof:
Composition,Metal
Foundation:
Slab
Garage / Parking:
Asphalt,Electric Gate,Storage
Buildings:
0
Utilities:
All Weather Road,Asphalt,Co-op Electric,Co-op Water,Private Sewer,Septic
Listing Information
MLS #:
21409138
Buyers Agent:
Kimball Real Estate
Listing Agent:
ROBERT PETERSEN
 
(817) 991-2382
Listing Office:
EQUISTAR PROPERTIES
 
- - - Information herein deemed reliable but not guaranteed - - -
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kimball Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.