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    301 Hendricks Blvd Wink, TX 79789

    For Sale
    $199,500

    1-Acre Auto Shop, High Visibility

    Property size:
    1,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 1,248 square foot former auto shop situated on a highly visible 1.1-acre corner lot in Wink, Texas. Located at the intersection of FM 1232 and Hwy 115, this property boasts over 200 feet of frontage on both major roadways, ensuring maximum exposure. The single-story building sits on a 1.1-acre lot and includes city utilities. The property's strategic location offers significant potential for various uses beyond its previous function as a mechanic shop. An easement behind the property may allow for additional parking or drive aisles, pending verification with the city and a survey. The sale is "as-is," and the property will be restricted from selling fuel. This prime commercial real estate presents a rare chance to acquire a versatile property in a high-traffic area. The property includes one building and one key. Buyers are responsible for verifying easement usage with the city.

    Property Features for 301 Hendricks Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    1,248 SF
    Lot Size
    47,916 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $199,500 asking price for a 1,248 sq. ft. auto shop on a 1.1‑acre lot.
    • High‑visibility corner lot at the intersection of FM 1232 & Hwy 115.
    • City utilities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Wink
    County
    Winkler
    State
    Texas
    Longitude
    -103.16009243095
    Latitude
    31.751444518807

    Nearby Comparable

    • $295,000
      1 SF

      Wink, TX Multi-Use Property

      Multi-use property on 1 acre at FM 1232 & HWY 115.
      301 Hendricks Blvd, Wink, TX 79789
      View Details
    • $140,000
      9,180 SF

      Retail Property in Wink, TX

      Retail property with corporately guaranteed lease and attractive yield.
      Hendricks Blvd, Wink, TX 79789
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    • $950,000

      Wink, TX Acreage with Shop

      21.13 acres with residential and commercial potential in Wink.
      1000 North 12 St, Wink, TX
      View Details
    • $2,500,000
      7,500 SF

      Kermit, TX Secure Flex Space

      Secure flex space with shop, office, and ample outdoor area.
      2512 Hwy W, Kermit, TX 79745
      View Details

    Nearby Similar for Sale

    • $140,000
      9,180 SF

      Retail Property in Wink, TX

      Retail property with corporately guaranteed lease and attractive yield.
      Hendricks Blvd, Wink, TX 79789
      View Details

    FAQs

    What type of property is this?
    Automotive property - 1-Acre Auto Shop, High Visibility
    Where is this automotive property located?
    The property is located at 301 Hendricks Blvd Wink, TX.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: $199,500 asking price for a 1,248 sq. ft. auto shop on a 1.1-acre lot.; High-visibility corner lot at the intersection of FM 1232 & Hwy 115.; City utilities available.
    Request Owner's contact information
    301 Hendricks Blvd Wink, TX 79789
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    Wink, TX 79789
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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
    301 Hendricks Blvd Wink, TX 79789
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