0 Martin Luther King Jr StMineral Wells, TX 76067

  • Other commercial real estate
  • 5.38 AC
For Sale
$550,000 View listing

Property Details for 0 Martin Luther King Jr St

Lot size
5.38 AC
Property type
Other commercial real estate
Property subtype
Other land

Description

This exceptional 5.38-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Mineral Wells, Texas. Located on TBD SE Martin Luther King Jr Street, this property boasts a substantial 234,527 square feet of land, offering significant potential for various development projects. Currently zoned Single Family 9000 (SF9), the property allows for single-family residential construction. However, prospective buyers should explore the possibility of a planned development to accommodate multi-family housing, significantly expanding the potential return on investment. The asking price is $550,000, translating to a land value of $2.45 per square foot. Situated in Palo Pinto County, Texas, with a zip code of 76067, this location offers convenient access to local amenities and infrastructure. The property's APN is 16954. This prime location and flexible zoning make this a highly attractive proposition for developers seeking a versatile and strategically located land parcel in a growing Texas market. Don't miss this chance to acquire a significant piece of Mineral Wells real estate with substantial upside potential. Serious inquiries only.

Martin Luther King Jr St, Mineral Wells, Texas

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.8038
Longitude
-98.1003

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