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    1106 Hwy Kermit, TX 79745

    For Sale
    $449,000

    Established Machine Shop - .53 Acres, 3200 sq ft

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional business opportunity presents a fully equipped machine shop situated on a half-acre lot in Kermit, Texas. The property boasts a substantial 3,200 square feet of well-maintained space, ideal for immediate operation. Most of the necessary machinery and equipment are already in place, significantly reducing the initial investment and setup time required for a new owner. This turnkey operation is ready for a new owner to step in and begin generating revenue. The 0.53-acre lot provides ample space for potential expansion or outdoor storage, offering flexibility for future growth. Located at 1106 W Hwy 302, Kermit, TX, this property benefits from convenient highway access, enhancing visibility and accessibility for both customers and employees. The asking price of $449,000 represents a compelling investment opportunity in a thriving Texas community. This is a rare chance to acquire an established business with significant potential for continued success. Serious inquiries are encouraged to schedule a viewing and explore this exciting prospect. The property is offered as-is. All interested parties are responsible for conducting their own due diligence.

    Property Features for 1106 Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    3,200 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Kermit
    County
    Winkler
    State
    Texas
    Longitude
    -103.1016
    Latitude
    31.84344

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    FAQs

    What type of property is this?
    Investment property - Established Machine Shop - .53 Acres, 3200 sq ft
    Where is this investment property located?
    The property is located at 1106 Hwy Kermit, TX.
    What is the asking price?
    The asking price for this property is $449,000.
    (432) 614-6004
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    1106 Hwy 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.

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    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.

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    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
    1106 Hwy Kermit, TX 79745
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