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Industrial Warehouse with Fenced Yard
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3762 Kermit Hwy., Odessa, TX 79764

Two-building facility combines office, warehouse, crane capacity, and a fenced outdoor work area.

Space Size12,000 SF
Lot Size1.14 Acres
Days on Market8

Property Features for 3762 Kermit Hwy.

General Information

Standard status Active
Size 12,000 SF
Lot size 1.14 Acres
Property subtype Industrial

Additional Details

Highway Access Yes
Three-Phase Power Yes

Building Details

Buildings 2
Building Size 12,000 SF

Spaces For Lease

at 3762 Kermit Hwy. Contact us

#1

Size
12,000 SF
Availability
Active
Contact us
Listing Agency: Basin Real Estate Group, LLC
Listed By: Cory Bynum · License #672722-B
Source: Crexi
Added: Sep 11 Changed: Sep 16 Last Checked: Sep 18 at 4:46AM

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 Basin Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This two-building industrial property provides approximately 12,000 SF across office, warehouse, and support areas on approximately 1.136 acres. The main building includes roughly 1,400 SF of office space with four offices, a reception area, breakroom, two restrooms, and a finished mezzanine. Its approximately 8,350 SF warehouse offers 16’–20’ eave heights, multiple overhead doors, 480V 3-phase power, five 1-ton jib cranes, and one 5-ton overhead crane.

The second building contributes approximately 2,250 SF, including warehouse space, a breakroom, restroom, mezzanine storage, and three additional overhead doors. The property also includes a fenced yard and frontage on Kermit Highway at 3762 Kermit Hwy. in Odessa, with access to Loop 338, 42nd Street, and West County Road.

Key Highlights

  • Approximately 12,000 SF across two buildings on approximately 1.136 acres
  • Main warehouse includes approximately 8,350 SF with 16’–20’ eave heights
  • 480V 3‑phase power with five 1‑ton jib cranes and one 5‑ton overhead crane

Property Analytics

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Current Use

Lubrication Service Inc Auto Repair Shop Pro Inspection, Inc. Home Inspector

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79764, TX

26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Odessa, TX

$14.84 /SF/Yr
Avg Asking Price
$4.31–$24 /SF/Yr
Price Range
13,140 SF
Avg Space Size

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
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Similar Off Market Nearby

  • Extra Space Storage 3125 Kermit Hwy, Odessa, TX 79764

Frequently Asked Questions

What type of property is this?
Warehouse - Two-building facility combines office, warehouse, crane capacity, and a fenced outdoor work area.
Where is this warehouse located?
The property is located at 3762 Kermit Hwy. Odessa, TX.
What are key features of this property?
This property features: Approximately 12,000 SF across two buildings on approximately 1.136 acres; Main warehouse includes approximately 8,350 SF with 16’–20’ eave heights; 480V 3‑phase power with five 1‑ton jib cranes and one 5‑ton overhead crane
More about this property
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