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Property profile & analytics
OFF-MARKET
Industrial properties

605 1St St Wellington, TX 79095

4,030 SF
Property ID
Property summary
AI-generated overview

This exceptional Wellington, TX industrial property, located at 605 1st Street, presents a unique investment opportunity. The 4,030-square-foot building sits on a substantial 92,250-square-foot lot and encompasses nearly an entire city block, excluding three leased lots. The property features a spacious, insulated shop with overhead doors on both ends, ideal for efficient equipment servicing. Two furnished one-bedroom residences provide comfortable office space and overnight accommodations. Additional amenities include an RV shed and a separate storage building. The property boasts a convenient caliche rock road base with easy access from 1st Street, plus driveways on Bowie and Childress Streets. Low traffic volume ensures smooth entry and exit. The extensive electrical system supports multiple shop operations. The asking price is $399,000, translating to $99.01 per square foot. Please note that fuel tanks, an RV, trailers, and vehicles on the property are not included in the sale. This property is vacant and ready for immediate occupancy. Owner financing is not available. The property consists of four buildings in total. This is a sale only

Property profile
Verified
Property type Industrial properties
Total area 4,030 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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