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    573 Drake St Kermit, TX 79745

    For Sale
    $189,500

    COMMERCIAL - Kermit, TX

    Property size:
    864 SF
    Lot size:
    3.00 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 573 Drake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    9875
    Fencing
    Fenced
    Size
    864 SF
    Lot size
    3.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    Building Details

    Year built
    1960
    Building materials
    Metal Construction
    Roof type
    Metal

    Michel Real Estate (432) 586-6681

    Listing agent Duff Michel (432) 208-0621

    Listing date Nov 3, 2025

    Copyright © 2025 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kermit, TX Commercial Property

    This commercial property in Kermit, TX, encompasses 3 acres and features a partial fence. The site includes an RV park with 10 spots, an old barn, and horse stalls. The property dimensions are 495 feet by 264 feet, offering significant potential. A water well is located on the premises. The property contains 864 square feet of space and is suited for multiple uses, including mobile home and RV parks, multifamily properties, residential income properties, horse and equestrian facilities, and agricultural purposes.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Auto Repair Shop Bar & Pub Hotel & Motel Garden Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kermit
    County
    Winkler
    State
    Texas
    Longitude
    -103.0987044
    Latitude
    31.8518596

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    FAQs

    What type of property is this?
    Mobile home & RV park - 3-acre commercial property with RV park and equestrian facilities.
    Where is this mobile home & rv park located?
    The property is located at 573 Drake St Kermit, TX.
    What is the asking price?
    The asking price for this property is $189,500.
    What are key features of this property?
    This property features: - 3-acre property with RV park featuring 10 spots; - Partially fenced with horse stalls and old barn; - Water well on property
    (432) 208-0621
    Request Owner's contact information
    573 Drake St Kermit, TX 79745
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    Kermit, TX 79745
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    Realmo Value Estimation

    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.

    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.

    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
    573 Drake St Kermit, TX 79745
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