620 N Armstrong Ave Kingsville, TX 78363
For Sale
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This exceptional 4,233 square foot industrial property, situated on a 0.32-acre corner lot in Kingsville, Texas, presents a compelling investment opportunity. Its prime location, just steps from a university, ensures high visibility and accessibility, attracting a substantial customer base. The property boasts three separate rental spaces, currently generating multiple income streams, providing immediate return on investment. This versatile space is adaptable to a wide range of commercial uses, from offices and retail to specialized industrial ventures. Existing tenants provide a stable income base, while the potential for redevelopment allows for customization to meet evolving market demands. The property's strategic location near the university offers a unique advantage, tapping into a large and dynamic population. This presents an excellent opportunity for investors seeking a high-yield property with significant upside potential, or for businesses looking to establish a strong presence in a thriving area. The asking price is $525,000. This is a rare chance to acquire a well-positioned, income-producing asset in a high-traffic area with significant growth potential. Don't miss this chance to secure a prime piece of Kingsville real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.