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The Norred Group
600 Ne Ave, Kermit, TX 79745
- $1,000,000
- 18
- BD
- 6
- BA
- List Price
- $1,000,000
- Status
- ACTIVE
- Days on Market
- 236
- Price Change
- ▼ $100,000 1783543750
- MLS#
- 95190705
- Subtype
- Residential
- Style
- Other
- Year Built
- 1980
- Bedrooms
- 18
- Bathrooms
- 6
- Full Baths
- 6
- Lot Size
- 87,120
- Acres
- 2
- Subdivision
- N/A
- MLS Area Major
- 86
Property Description
This exceptional investment and commercial opportunity offers unmatched scale, functionality, and income potential. The property features a massive 18-bedroom residence, ideal for workforce housing, man camp operations, short-term rentals, or multi-family investment use. A 40x60 industrial shop equipped with two large bays, a dedicated office, and a breakroom, making it an excellent setup for oilfield services, construction operations, equipment storage, or a business headquarters. An additional separate office building located beside the home allows for streamlined operations on-site. A major value-add is the property’s private water well supplying clean, reliable water, a critical and cost-saving feature for both residential and commercial use in this region. With its strategic location and multiple income-producing possibilities, this property is a rare turnkey opportunity for investors, business owners, or companies looking to establish or expand in Kermit’s growing market.
Additional Information
- Taxes
- $3,148
- Property Description
- Other
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Stories
- 1
- Levels
- One
- Roof
- Metal
- Foundation
- Slab
- Parking Features
- Detached, Garage, Oversized
- Garage Spaces
- 4
- School District
- Kermit
- Elementary School
- Kermit Elementary
- Middle School
- Kermit Junior High School
- High School
- Kermit High School
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Listing courtesy of JLA Realty.