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Fenced Flex Space Facility
New
For Sale
$2,000,000

1423 S Hwy 18, Kermit, TX 79745

Commercial Sale, Kermit, TX

Property Size13,500 SF
Lot Size7.62 Acres
Price / SF$148.15
Days on Market2

Property Features for 1423 S Hwy 18

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link, Fenced
Subdivision Brown Altman
Standard status Active
APN 6479
Size 13,500 SF
Lot size 7.62 Acres

Taxes and HOA fees

Tax Annual Amount 10000

Utilities

Sewer type Private Sewer

Building Details

Year built 1965
Building materials Brick, Concrete, Metal Construction
Roof type Flat
Listing Agency: Michel Real Estate
Listed By: Duff Michel · License #0338424
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 28 at 3:06PM
MLS# 177144

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.

This flex-space property includes 13,500 square feet of improvements on a 7.62-acre site. The layout combines office areas, shop space, storage buildings, and a separate structure configured with office, apartment, and building space. A small fenced yard serves the separate structure, while the broader property is enclosed with chain-link fencing.

Located at 1423 S Hwy 18 on the edge of Kermit, the property provides access from a principal local highway. Improvements date to 1965 and include brick, concrete, and metal construction, along with flat roofs and private sewer service.

Key Highlights

  • 13,500 square feet of improvements
  • 7.62‑acre site
  • Office, shop, and storage buildings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Bakery Grocery & Convenience Store Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79745, TX

6,857
Population
2,644
Households
2.6
Avg Household Size
35
Median Age
9%
College-Educated
69%
High-School Grad
554.9 sq mi
ZIP Area
12
Density / Sq Mi
$88,365
Median Household Income
$50,477
Median Earnings
$907
Median Rent
$118,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office, shop, storage, and a separate building are arranged within a fenced commercial yard.
Where is this flex space located?
The property is located at 1423 S Hwy 18 Kermit, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 13,500 square feet of improvements; 7.62‑acre site; Office, shop, and storage buildings
More about this property
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