2411 Kermit Hwy, Odessa, TX 79761
Recently refreshed storefront with a fully equipped kitchen, back parking, and a low-maintenance fenced yard.
- Added:
- May 29, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 14 at 1:32 am
Property Features for 2411 Kermit Hwy
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1953
Listing agent Julianne White (432) 269-5926
Listing office Dalton Wade, Inc. (432) 269-5926
Listing date May 29, 2026
Source Xome
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 Dalton Wade, Inc.
HighLights
- 1500 sq. ft. commercial building with recently upgraded paint and new flooring
- Fully equipped kitchen includes refrigerator, stove, washer, and dryer
- Parking available in the back of the building
- Low‑maintenance zero‑scape backyard bordered by a 7‑foot privacy fence
- Utilities/comfort: electric cooling; heating listed as 3
- Exterior access includes city road and paved road
Overview
The property is located at 2411 Kermit Hwy in Odessa, Texas, and is positioned across from Odessa College. Convenient parking is available in the back, which can support both customer access and day-to-day staff needs.
With recent cosmetic upgrades, an included kitchen package, and a fenced, low-maintenance yard, this storefront is well suited for tenants looking for a ready-to-operate space in an education-adjacent retail environment. The combination of indoor utility and usable outdoor area can accommodate concepts that value a functional back-of-house setup and straightforward, low-maintenance maintenance requirements.
Local Financial Insights For 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 | $26.1k | $17.40 |
| − Vacancy | −$2.2k | −$1.48 |
| EGI | $23.9k | $15.92 |
| − OpEx | −$7.2k | −$4.78 |
| NOI | $16.7k | $11.14 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.386448
- Latitude
- 31.863569