Flex Property with Office and
For Sale
$1,895,000
1423 S Hwy 18, Kermit, TX 79745
Fenced grounds combine office, shop, and storage buildings with a separate office-apartment structure.
Property Size13,500 SF
Lot Size5.71 Acres
Price / SF$140.37
Days on Market66
Property Features for 1423 S Hwy 18
General Information
Standard status
Active
Size
13,500 SF
Lot size
5.71 Acres
Property subtype
Commercial
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$10,000
Building Details
Building Size
13,500 SF
Year Built
1965
Listing Agency:
Michel Real Estate
(432) 586-6681
Listed By:
Duff Michel
(432) 208-0621
Source:
Gloriarealestate
Added: Aug 27
Changed: Oct 30
Last Checked: Oct 29 at 10:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michel Real Estate
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Investment Insights
Based on property information with market context.
This flex property in Kermit includes office and shop space, along with separate storage buildings. The main property contains 13,500 square feet and was built in 1965. A distinct building combines office and apartment space and has a small fenced yard, offering a separate area within the property.
The site covers 5.71 acres, with an additional 1.91 acres available for inclusion. Fencing surrounds the yard, and the property is located on S Hwy 18 with access to areas around Kermit.
The site covers 5.71 acres, with an additional 1.91 acres available for inclusion. Fencing surrounds the yard, and the property is located on S Hwy 18 with access to areas around Kermit.
Key Highlights
- 13,500‑square‑foot property built in 1965
- 5.71 acres, with an additional 1.91 acres available for inclusion
- Office and shop space, plus separate storage buildings
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79745, TX
6,857
Population
2,644
Households
2.6
Avg Household Size
35
Median Age
9%
College-Educated
69%
High-School Grad
554.9 sq mi
ZIP Area
12
Density / Sq Mi
$88,365
Median Household Income
$50,477
Median Earnings
$907
Median Rent
$118,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Fenced grounds combine office, shop, and storage buildings with a separate office-apartment structure.
Where is this flex space located?
The property is located at 1423 S Hwy 18 Kermit, TX.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 13,500‑square‑foot property built in 1965; 5.71 acres, with an additional 1.91 acres available for inclusion; Office and shop space, plus separate storage buildings
