301 Hendricks Blvd Wink, TX 79789
This exceptional investment opportunity presents a 1,248 square foot former auto shop situated on a highly visible 1.1-acre corner lot in Wink, Texas. Located at the intersection of FM 1232 and Hwy 115, this property boasts over 200 feet of frontage on both major roadways, ensuring maximum exposure. The single-story building sits on a 1.1-acre lot and includes city utilities. The property's strategic location offers significant potential for various uses beyond its previous function as a mechanic shop. An easement behind the property may allow for additional parking or drive aisles, pending verification with the city and a survey. The sale is "as-is," and the property will be restricted from selling fuel. This prime commercial real estate presents a rare chance to acquire a versatile property in a high-traffic area. The property includes one building and one key. Buyers are responsible for verifying easement usage with the city.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.