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Three-Building Restaurant Property
New
For Sale
$650,000

2201 Kermit Hwy, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size6,438 SF
Lot Size0.93 Acres
Price / SF$100.96
Days on Market2

Property Features for 2201 Kermit Hwy

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Subdivision Highland Park
Lot features Lighted Parking, Corner Lot
Standard status Active
APN See Private Agent Remarks
Size 6,438 SF
Lot size 0.93 Acres

Taxes and HOA fees

Tax Annual Amount 7490

Building Details

Year built 1950
Floors in Building 1
Building materials Block, Metal Construction
Roof type Flat, Metal
Listing Agency: Copper Key Realty
Listed By: John Herriage · License #TX637325
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 15 at 9:06AM
MLS# 177534

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 restaurant property includes three separate buildings on a 0.928-acre site at 2201 Kermit Hwy in Odessa. The primary building contains 4,204 square feet with a fully equipped commercial kitchen and dining area. Supporting improvements include a 384-square-foot warehouse and a 1,875-square-foot warehouse fitted with bay doors.

The buildings feature block and metal construction, along with flat and metal roofing. An accessible approach with ramp serves the property. The restaurant was established in 1942, while the improvements are identified with a 1950 construction year.

Key Highlights

  • 0.928‑acre property at 2201 Kermit Hwy, Odessa, TX 79761
  • 4,204‑square‑foot restaurant building with dining area
  • Fully equipped commercial kitchen

Property Analytics

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Current Use

Johnny's Barbecue Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Garden Center Computer & Electronic Repair

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and warehouse improvements provide an established food-service layout with supporting storage and bay-door access.
Where is this conventional restaurant located?
The property is located at 2201 Kermit Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 0.928‑acre property at 2201 Kermit Hwy, Odessa, TX 79761; 4,204‑square‑foot restaurant building with dining area; Fully equipped commercial kitchen
More about this property
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