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Restaurant with Dining Room
New
For Sale
$650,000

2830 Lorraine Rd, Odessa, TX 79766

Commercial Sale, Odessa, TX

Property Size4,500 SF
Lot Size2.04 Acres
Price / SF$144.44
Days on Market3

Property Features for 2830 Lorraine Rd

General Information

Property type Commercial Sale
Property subtype Other
Fencing Fenced
Subdivision Sterling Park 2nd Filing
Standard status Active
APN 29985.00190.00000
Size 4,500 SF
Lot size 2.04 Acres

Taxes and HOA fees

Tax Annual Amount 526

Utilities

Sewer type Private Sewer
Water source Well

Building Details

Year built 2016
Building materials Metal Construction
Roof type Metal
Listing Agency: Heritage Real Estate
Listed By: Lilliana Sotelo
Added: Oct 19 Last Checked: Oct 21 at 11:06AM
MLS# 178304

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.

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Investment Insights

Based on property information with market context.

This 4,500-square-foot restaurant occupies a 2.04-acre site and was built in 2016. Metal construction and a metal roof define the building, while the property is fenced. The interior includes a large dining area and a service-oriented layout.

The site is just off the interstate and Highway 385. Water is supplied by a well, and the property uses a private sewer system.

Key Highlights

  • 4,500 square feet of restaurant space
  • 2.04‑acre site
  • Built in 2016

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 79766, TX

9,688
Population
3,516
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
58%
High-School Grad
305.0 sq mi
ZIP Area
32
Density / Sq Mi
$70,965
Median Household Income
$41,913
Median Earnings
$1,100
Median Rent
$151,200
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The interior includes a large dining area and a layout arranged for restaurant service.
Where is this conventional restaurant located?
The property is located at 2830 Lorraine Rd 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: 4,500 square feet of restaurant space; 2.04‑acre site; Built in 2016
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