1106 Jim Sharp Blvd Kermit, TX 79745
This exceptional 3,200 square foot industrial property in Kermit, Texas, presents a unique investment opportunity. Located at 1106 W Jim Sharp Blvd, 79745, this two-story building, constructed in 1980, offers a versatile space ideal for manufacturing or distribution. The property includes a well-equipped machine shop featuring two working lathes and two drill presses, enhancing its operational capabilities. A convenient lobby area with a private office provides professional workspace, while a spacious loft area offers ample storage. A 10-foot bay door facilitates efficient shipping and receiving of parts, complemented by a hoist system designed for the easy movement of heavy equipment. The asking price is $499,000, translating to $155.94 per square foot. This single-unit property sits on a lot in Winkler County and is ready for immediate occupancy. The property's strategic location in Kermit, Texas, offers access to key transportation routes and a skilled workforce. This turnkey operation is perfect for an established business or a savvy investor seeking a profitable venture in the thriving Texas industrial market. The property's existing equipment and infrastructure significantly reduce start-up costs and allow for immediate revenue generation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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