123 Oak Ave Kermit, TX 79745
This exceptional 16,000 square foot commercial property located at 123 N Oak Ave, Kermit, TX, presents a significant investment opportunity. Situated on a 0.37-acre lot, the property boasts ample paved parking, multiple shop bays ideal for various industrial uses, a spacious showroom floor perfect for showcasing products or services, and dedicated office space for administrative functions. A separate area is also available, suitable for parts and supplies storage or even a secondary business venture. The versatile layout allows for considerable flexibility, making it an attractive option for a single large operation or multiple smaller tenants. The property's design lends itself well to subdivision into several independent rental units, generating diverse income streams. The asking price of $200,000 reflects a substantial price reduction, presenting a compelling opportunity for buyers seeking a high-return investment in a thriving Texas market. This property is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this chance to acquire a prime commercial space in a desirable location. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.