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Property profile & analytics
OFF-MARKET
Industrial properties

1625 Us Hwy 385 Andrews, TX 79714

8,680 SF 2 ac lot Built 1965
Individually Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US82-7772369
Property summary
AI-generated overview

This exceptional 10,796 square foot commercial property in Andrews, Texas, presents a unique investment opportunity. Strategically located on 2 acres directly off US Highway 385, this property boasts high visibility and easy access. The main building features three individual office spaces, a dedicated conference room, and two restrooms. A substantial shop area includes eight bay doors, providing ample space for equipment and vehicles, along with additional storage space located upstairs. Employee amenities include a large bathroom equipped with two showers, three stalls, and two sinks. The property also includes covered parking in both the front and rear. Recent upgrades include a brand new water well system with updated wiring, two propane heaters for efficient climate control, and a complete overhaul of the electrical system with a new three-phase power installation and new phone wiring. The expansive yard is composed of caliche, fully enclosed by a six-foot fence and secured by an automatic gate. Currently leased at $7,500 per month, this property offers immediate income potential and significant long-term growth prospects. The combination of office space, expansive shop, and secure yard makes this an ideal property for a variety of commercial uses. The property's location, recent improvements, and current lease make it a compelling investment opportunity.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Total area 8,680 SF
Lot 2 ac (87,120 SF)
APN 09200-01448-0000
UPID US82-7772369
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ADAM S SPRINKLE
ADAM S SPRINKLE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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