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Property profile & analytics
OFF-MARKET
Warehouses

109 East Ave Kermit, TX 79745

9,000 SF 1.1 ac lot
Property ID
Property summary
AI-generated overview

This single-story, 9,000-square-foot industrial building in Kermit, Texas, offers a flexible space ideal for various commercial uses. The property includes office space and warehouse space, situated on a 1.1-acre lot (43,560 square feet) in Winkler County. The building is currently vacant and ready for immediate occupancy. Its strategic location offers easy access to the Delaware Basin, a significant hub for the US oil and gas industry, known for its advanced extraction and production facilities. This prime location provides excellent potential for business growth and development. The property's proximity to Midland/Odessa, Interstate 20, and New Mexico further enhances its accessibility and logistical advantages. This is a rare opportunity to lease a well-maintained industrial property in a thriving economic region. The property features one building and is classified as Office, Industrial, and Land. The zip code is 79745.

Property profile
Verified
Property type Warehouses
Total area 9,000 SF
Lot 1.1 ac (47,916 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
Current use
Occupant on record · Public records
  • Megadyne Services Co Electric Utility Company Electrical Engineer
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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