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Property profile & analytics
OFF-MARKET
Commercial real estate

400-406 Van St Kermit, TX 79745

2,036 SF 0.77 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.77-acre commercial property at 400-406 Van St, Kermit, TX, presents a unique investment opportunity. Boasting a substantial 2,036 square feet of building space, the property offers a diverse range of structures ideal for various business ventures. One side features a paved area with established buildings including offices, a garage, warehouse, and several storage buildings. A significant covered area provides ample space for parking or work activities. The east side of the property offers additional covered parking and open land, enhancing its versatility. The entire property is fully fenced and cross-fenced, providing security and defined spaces. This prime location in Kermit, TX, offers convenient access to local amenities and transportation routes. The existing structures are ready for immediate use, minimizing upfront investment costs. Whether you envision a multi-faceted business operation or a strategic expansion of your current enterprise, this property's adaptability and established infrastructure make it an attractive proposition. The property's size and layout offer significant potential for future development and customization, allowing for tailored solutions to meet specific business needs. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving location. The asking price is $269,900.

Property profile
Verified
Property type Commercial real estate
Total area 2,036 SF
Lot 0.77 ac (33,541 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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