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    400-406 Van St Kermit, TX 79745

    For Sale
    $269,900

    Versatile Commercial Land, Multiple Structures

    Property size:
    2,036 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.77-acre commercial property at 400-406 Van St, Kermit, TX, presents a unique investment opportunity. Boasting a substantial 2,036 square feet of building space, the property offers a diverse range of structures ideal for various business ventures. One side features a paved area with established buildings including offices, a garage, warehouse, and several storage buildings. A significant covered area provides ample space for parking or work activities. The east side of the property offers additional covered parking and open land, enhancing its versatility. The entire property is fully fenced and cross-fenced, providing security and defined spaces. This prime location in Kermit, TX, offers convenient access to local amenities and transportation routes. The existing structures are ready for immediate use, minimizing upfront investment costs. Whether you envision a multi-faceted business operation or a strategic expansion of your current enterprise, this property's adaptability and established infrastructure make it an attractive proposition. The property's size and layout offer significant potential for future development and customization, allowing for tailored solutions to meet specific business needs. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving location. The asking price is $269,900.

    Property Features for 400-406 Van St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,036 SF
    Lot Size
    33,541 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kermit
    County
    Winkler
    State
    Texas
    Longitude
    -103.0789
    Latitude
    31.84867

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Land, Multiple Structures
    Where is this commercial real estate located?
    The property is located at 400-406 Van St Kermit, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    (432) 366-3623
    Request Owner's contact information
    400-406 Van 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
    400-406 Van St Kermit, TX 79745
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