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Restaurant with Highway Frontage
For Sale
$450,000

157 W Hwy 302, Kermit, TX 79745

The site offers parking for dine-in customers, large trucks, and oilfield work trucks.

Property Size1,844 SF
Price / SF$244.03
Days on Market367

Property Features for 157 W Hwy 302

General Information

Standard status Active
Size 1,844 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,994

Building Details

Building Size 1,844 SF
Listing Agency: Monument Realty
Listed By: Sara Saenz
Source: Gloriarealestate
Added: Oct 23, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monument Realty

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Investment Insights

Based on property information with market context.

This restaurant property contains 1,844 square feet and includes parking suited to dine-in customers as well as large and oilfield work trucks.

The property fronts State Highway 302 at 157 W Hwy 302 in Kermit, Texas, with access from the highway. Its position along a route serving oilfield and commuter traffic provides exposure to local and through travelers.

Key Highlights

  • 1,844‑square‑foot restaurant property
  • Frontage on State Highway 302
  • Parking accommodates dine‑in guests, large trucks, and oilfield work trucks

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Storage Facility Law Firm Accounting Firm

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
Highway access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 81% Dining 18% Hotels & Casinos 1%
Stripes Shops & Services
5,859 visits/mo 0.1 miles
Dollar General Shops & Services
5,401 visits/mo 0.3 miles
Family Dollar Shops & Services
4,993 visits/mo 0.2 miles
Dollar Tree Shops & Services
4,365 visits/mo 0.5 miles
Pizza Hut Dining
2,516 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Panda Buffet — 110 TX-302, Kermit, TX 79745

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The site offers parking for dine-in customers, large trucks, and oilfield work trucks.
Where is this conventional restaurant located?
The property is located at 157 W Hwy 302 Kermit, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,844‑square‑foot restaurant property; Frontage on State Highway 302; Parking accommodates dine‑in guests, large trucks, and oilfield work trucks
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