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Highway-Frontage Restaurant
For Sale
$450,000
Pending

157 W Hwy 302, Kermit, TX 79745

Commercial Sale, Kermit, TX

Property Size1,844 SF
Lot Size0.83 Acres
Days on Market142

Property Features for 157 W Hwy 302

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link, Fenced
Accessibility Accessible Approach with Ramp
Subdivision Brown Altman
Standard status Pending
APN 6512
Size 1,844 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Annual Amount 1994

Building Details

Building materials Brick
Roof type Metal
Listing Agency: Monument Realty
Listed By: Sara Saenz
Added: May 20 Changed: Oct 8 Last Checked: Oct 8 at 9:06PM
MLS# 163909

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 1,844-square-foot restaurant occupies a 0.83-acre site along State Highway 302 in Kermit. The building has brick construction and a metal roof, with an accessible approach and ramp. The property is fenced with chain-link fencing, and parking accommodates dine-in customers as well as large and oilfield work trucks.

Key Highlights

  • 1,844‑square‑foot restaurant on 0.83 acres
  • Frontage on State Highway 302
  • Brick building with metal roof

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

139
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Home Improvements & Furnishings 47%
Tractor Supply Co. Home Improvements & Furnishings
6,535 visits/mo 0.3 miles
Dollar Tree Shops & Services
4,365 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
3,132 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
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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
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick construction, an accessible ramp, and parking serve the existing restaurant property.
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 on 0.83 acres; Frontage on State Highway 302; Brick building with metal roof
More about this property
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