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    501 N Pne Ave Kermit, TX 79745

    For Sale
    $550,000

    SINGLE_FAMILY - Kermit, TX

    Type:Office
    Property size:
    6,600 SF
    Lot size:
    0.50 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 501 N Pne Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Size
    6,600 SF
    Lot size
    0.50 Acres

    Building Details

    Year built
    2021
    Floors in Building
    2
    Building materials
    Metal Construction, Metal Siding
    Roof type
    Metal

    Prichard Real Estate Group (432) 978-6973

    Listing agent Gary Kelly (432) 661-2046

    Listing date Sep 17, 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

    Commercial Property in Prime Location

    This commercial property is available for sale or lease in a prime business location. The building includes a reception area, 10 offices, and 3 bathrooms, along with storage space. The shop area is insulated and spacious, featuring two 16-foot bay doors and one 12-foot bay door. Ample paved parking is available, with immediate access to HWY 18. The property is located in Kermit, Texas. The lot size is 0.5 acres and the property size is 6,600 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Kermit
    County
    Winkler
    State
    Texas
    Longitude
    -103.0979442
    Latitude
    31.8623658

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    FAQs

    What type of property is this?
    Office building - Commercial property for sale or lease in a prime location.
    Where is this office building located?
    The property is located at 501 N Pne Ave Kermit, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime commercial location with instant access to HWY 18.; - Spacious, insulated shop with **two 16' bay doors and one 12' bay door.**; - Ample paved parking.
    (432) 661-2046
    Request Owner's contact information
    501 N Pne Ave Kermit, TX 79745
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    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
    501 N Pne Ave Kermit, TX 79745
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