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Property profile & analytics
OFF-MARKET
Investment properties

123 Oak Ave Kermit, TX 79745

16,000 SF 0.37 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Year built 1950
Total area 16,000 SF
Lot 0.37 ac (16,117 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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