5011 E Hammett Dr Odessa, TX 79766
COMMERCIAL - Odessa, TX
Property Features for 5011 E Hammett Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Fenced, Chain Link
- Appliances
- Individual AC Units, Individual Heating Units, Central Hot Water
- Standard status
- Active
- APN
- 18400.00880.02100
- Size
- 5,400 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9999999
Utilities
- Sewer type
- Private Sewer
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Building materials
- Metal Construction, Metal Siding, Metal Studs
- Roof type
- Metal
Listing agent Chris Beckett License #0439538 (432) 349-7000
Listing office Pine & Beckett - Chris Beckett 4400 N big spring st. Suite E-100, MIDLAND, TX (432) 349-7000
Listing date Jun 15, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 5011 E Hammett Dr in Odessa, TX (Ector County), the property is offered on a 0.34-acre lot with approximately 5,400 square feet of building area, according to the listing details.
Key Highlights
- 2023 metal construction bar, small convenience store, and 3 bed/1 bath barndominium
- Metal roof with metal siding and metal studs
- Individual A/C units and individual heating units, plus central hot water
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.7k | $19.20 |
| − Vacancy | −$7.3k | −$1.34 |
| EGI | $96.4k | $17.86 |
| − OpEx | −$24.1k | −$4.46 |
| NOI | $72.3k | $13.39 |