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Commercial
26,866 ft2
2.05 ac
Ector County
Auction Ended
Property Details
Living Space
26,866 sq ft
Lot Size
2.05 ac
Year Built
1980
Property Type
Commercial
Sub Type
Industrial
Product Type
Private Sellers
Property ID
368278
Description

26,866+/-sf industrial building located on 2.06+/-ac built in 1980. Lot is fully fenced. Includes front office building and back industrial space. Located along a frontage street with direct access to major transportation routes including Interstate 20, Loop 338, State Highway 191, and Kermit Highway.

* Property is on city septic, well water, and natural gas.
* Ceiling height up to 28 feet.
* 3 Phase 480V Power
* (2) 5 Ton Overhead Cranes & (1) Ton Jib Crane
* 14 Grade Level Doors Extensive due diligence available under completion of CNRA.

Open Public Inspections: 11-2pm Friday October 25 and November 8

Open Public Inspections: 11-2PM Friday October 25 and November 8

Property Disclosures

* DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, all available due diligence materials, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

* Buyer acknowledges receipt of all due diligence materials including but not limited to (and if applicable) available boundary surveys, Phase I or II reports, asbestos surveys, contract for sale, etc. Buyer can obtain said due diligence materials by returning a Confidentiality Agreement provided in the Helpful Tools & Links section of the website.

* All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

* Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.

* Property Tax Disclosure Summary: Buyer Should Not Rely On The Seller's Current Property Taxes As The Amount Of Property Taxes That The Buyer May Be Obligated To Pay In The Year Subsequent To The Purchase. A Change Of Ownership Or Property Improvements Triggers Reassessments Of The Property That Could Result In Higher Property Taxes. If You Have Any Questions Concerning Valuation, Contact Property Appraiser's Office For Information.

* Square Footage/Acreage Disclosure. The source of the square footage or acreage represented for the property is from public record. Buyer understands and acknowledges that square footage or acreage measurements of a property can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, survey, etc.). Buyer shall be solely responsible for satisfying that the size and/or square footage or acreage of the property is acceptable to the Buyer.

* Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.

* Zone, Code, and Use Disclosure. Buyer acknowledges that the Property shall be purchased "AS-IS, WHEREIS, WITH ALL FAULTS." The Property may be subject to city, village, and/or county code or zoning violations, and Buyer accepts the property subject to any such violations. Buyer agrees to conduct an independent search of all property records in the city, county, and/or village prior to bidding and has bid accordingly. Buyer shall be responsible for any and all required remediation of the property, if any. Buyer shall not rely on any information provided by the Seller or Williams & Williams regarding the status of any code or zoning violations, and shall base its decisions on its independent inspection. Buyer also acknowledges that the property may be subject to city, village, and/or county occupancy regulations and requirements which may impact the current and/or future use of the properties. Buyer acknowledges that the seller and Williams & Williams make no warranties of any nature, express or implied, as to the permitted uses of the property, and any prohibition of buyer's intended use of the property shall not be a grounds for terminating the contract.

* Well Potability Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this Property. Buyer is purchasing the Property as-is, where-is.

* Wastewater Treatment Disclosure. The Property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the Property as-is, where-is with no warranties or assertions by Seller, Williams & Williams, or their agents as to the condition thereof. The Property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at Buyers expense.

* Pictures may not reflect specific parcel, entire parcel, or current conditions of any structures that are present.

* Texas law requires that auctioneers notify consumers that consumers may contact the Texas Department of Licensing and Regulation, PO Box 12157, Austin, TX 78711 or by phone at 800-803-9202 for the purpose of making a complaint regarding a Texas auction.

* Texas Law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. This information is available in the Helpful Tools & Links section.

Licensing
TX Williams & Williams Worldwide Real Estate, LLC; David Montalvo, Lic. No. 595597.; Keith W. Babb - TX - Auctioneer 6701
Quick Terms
  • "As-Is, Where-is", no contingencies to sale
  • 5% Buyer's Premium ($2,500 minimum)
  • 10% Down-payment ($5,000 minimum)
  • View full Terms of Sale
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