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    Move-In Ready Retail Storefront Title is generated by Realmo AI

    2411 Kermit Hwy, Odessa, TX 79761

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    For Sale
    $235,000

    Recently refreshed storefront with a fully equipped kitchen, back parking, and a low-maintenance fenced yard.

    Type:General Commercial
    Property size:
    1,500 SF
    Price / SF:
    $156/SF
    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

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    Listing Contact
    Julianne White

    Listing agent Julianne White

    Listing office Dalton Wade, Inc.

    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

    This move-in ready commercial building offers approximately 1,500 square feet of retail or service space, updated with fresh paint and new flooring. The interior includes a fully equipped kitchen with a refrigerator, stove, and washer and dryer included, supporting a wide range of everyday operations. For outdoor space, the property features a zero-scape backyard designed for minimal maintenance, bordered by a 7-foot privacy fence. Practical storage is available throughout the building to support tenant workflows.

    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
    1,500 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $238.8K
    $209.0K – $278.6K (±1% cap)
    NOI $16,717 @ 7.0% cap · market cap 7.11%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Flex RnD
    $2.18M
    $1.91M – $2.54M (±1% cap)
    NOI $152,646 @ 7.0% cap · market cap 64.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • western floral and gift/ floristeria en odessa/ floristeria con delivery/ eventos especiales — 209 E University Blvd, Odessa, TX 79762
    • Romantic Rose Flowers & Gifts — 209 E University Blvd, Odessa, TX 79762
    • Jazmine's Flowers & Gifts — 1116 N Grant Ave, Odessa, TX 79761
    • Blooming Rose — 302 E University Blvd, Odessa, TX 79762

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.386448
    Latitude
    31.863569

    FAQs

    What type of property is this?
    Storefront property - Recently refreshed storefront with a fully equipped kitchen, back parking, and a low-maintenance fenced yard.
    Where is this storefront property located?
    The property is located at 2411 Kermit Hwy Odessa, TX.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 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
    More about this property
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