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Property Owner

City of Kermit

110 South Tornillo Street, Kermit, Texas 79745
Mike Arismendez
3
Total Projects
$2.7M
Portfolio Value
0
Active Now
93,476
Total Sq Ft
1
Cities
$904K
Avg Value
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About City of Kermit

City of Kermit is a significant property owner and developer in Winkler County, Texas with a comprehensive real estate portfolio of 3 construction projects valued at $2.7M. The development portfolio includes both new construction and renovations, with 1 new construction projects and 2 renovation projects representing 93,476 square feet of developed space.

πŸ“ŠWork Items

  • 1 new construction projects (33%)
  • 2 renovation projects (67%)
  • Average project value: $904K
  • Total square footage: 93,476 sq ft

πŸ™οΈMarket Presence

  • Kermit3 projects

With 0 active projects currently under development and 3 completed projects, City of Kermit maintains a strong presence across 1 cities, working with leading architecture and design firms including Parkhill. The development portfolio is concentrated in Kermit, establishing City of Kermit as a key player in Winkler County commercial and residential real estate development.

Activity Over Time

2021
1
2023
1
2025
1
Median project: $800KAvg cost/sqft: $109/sqftPeak year: 2021 (1 projects)
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Activity Timeline

First Project
Jul 2021
Latest Project
May 2025
0
Active
3
Completed
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Project Locations

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Design Partners

1 architecture firms

1 total design firms worked with$2.7M combined
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Project Status

🏁Closed
3(100%)