Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 Hwy W, Unit 302 Kermit, TX 79745

    Picture of Land at Hwy W 1, Kermit, TX
    For Sale
    $360,000

    LAND - Kermit, TX

    Lot size:
    12.33 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 1 Hwy W

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1964
    Lot size
    12.33 Acres

    Michel Real Estate (432) 586-6681

    Listing agent Duff Michel (432) 208-0621

    Listing date Nov 18, 2025

    Copyright © 2025 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kermit, TX Land For Sale

    This property consists of 12.33 acres of land located in Kermit, Texas. The land has surface interest only. There are two pipeline easements and possibly an easement for an overhead power line. An oil well location is present on the property. Some fencing does not appear to be on the property lines. Buyers will need to verify proposed uses.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Kermit
    County
    Winkler
    State
    Texas
    Longitude
    -103.1127596
    Latitude
    31.84029512

    Nearby Similar for Sale

    • $550,000
      6,600 SF

      Commercial Property in Prime Location

      Commercial property for sale or lease in a prime location.
      501 N Pne Ave, Kermit, TX 79745
      View Details
    • $130,000
      2,000 SF

      Multifamily Property in Kermit, TX

      Multifamily property suitable for rental income or large family.
      220 S Oak Ave, Kermit, TX 79745
      View Details
    • $125,000
      10,000 SF

      Large Retail Space in Kermit

      Spacious retail property with potential in downtown Kermit, Texas.
      117 W Austin St, Kermit, TX 79745
      View Details
    • $189,500
      864 SF

      Kermit, TX Commercial Property

      3-acre commercial property with RV park and equestrian facilities.
      573 Drake St, Kermit, TX 79745
      View Details
    • $2,500,000
      7,500 SF

      Kermit, TX Secure Flex Space

      Secure flex space with shop, office, and ample outdoor area.
      2512 Hwy W, Kermit, TX 79745
      View Details
    • $49,500
      3,920 SF

      Downtown Kermit Office Space Available

      Office space in downtown Kermit, updates needed, convenient location.
      219 N Oak Ave, Kermit, TX 79745
      View Details

    FAQs

    What type of property is this?
    Land - 12.33 acres of land available in Kermit, Texas.
    Where is this land located?
    The property is located at 1 Hwy W, Unit 302 Kermit, TX.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Surface interest only; - Two pipeline easements present; - Possible easement for an overhead power line
    (432) 208-0621
    Request Owner's contact information
    1 Hwy W, Unit 302 Kermit, TX 79745
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Hwy W, Unit 302
    Kermit, TX 79745
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Hwy W, Unit 302 Kermit, TX 79745
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.