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    620 Armstrong Ave Kingsville, TX 78363

    For Sale
    $525,000

    High-yield, triple-net lease industrial property.

    Property size:
    4,233 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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.

    Property Features for 620 Armstrong Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    4,233 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsville
    County
    Kleberg
    State
    Texas
    Longitude
    -97.87753
    Latitude
    27.52227

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    FAQs

    What type of property is this?
    Industrial property - High-yield, triple-net lease industrial property.
    Where is this industrial property located?
    The property is located at 620 Armstrong Ave Kingsville, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    (361) 592-4343
    Request Owner's contact information
    620 Armstrong Ave Kingsville, TX 78363
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    Kingsville, TX 78363
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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
    620 Armstrong Ave Kingsville, TX 78363
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