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Two-Building Warehouse Property
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3762 Kermit Hwy., Odessa, TX 79764

Industrial facility with offices, overhead doors, cranes, and 480V three-phase power.

Property SizeContact for details
Days on Market9

Property Features for 3762 Kermit Hwy.

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Basin Real Estate Group, LLC
Listed By: Cory Bynum · License #672722-B
Source: Crexi
Added: Sep 11 Changed: Sep 18 Last Checked: Sep 18 at 8:22AM

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 warehouse property totals approximately 12,000 SF on 1.136 acres. The primary 9,750 SF building includes approximately 1,400 SF of office space, four offices, reception, a breakroom, two restrooms, and a finished mezzanine suitable for conference or training use. Its roughly 8,350 SF warehouse area has 16’–20’ eave heights, three overhead doors, multiple jib cranes, one 5-ton overhead crane, and 480V 3-phase power.

The second building contributes approximately 2,250 SF with warehouse space, a breakroom, restroom, mezzanine storage, and three overhead doors. The property has road frontage and access to Loop 338, 42nd Street, and West County Road in Odessa, providing regional connectivity for industrial operations.

Key Highlights

  • Approximately 12,000 SF across two buildings on 1.136 acres
  • Primary building includes approximately 1,400 SF of office space within 9,750 SF
  • Warehouse area offers 16’–20’ eave heights and three overhead doors

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.

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
View Realmo Analytics

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
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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 - Industrial facility with offices, overhead doors, cranes, and 480V three-phase power.
Where is this warehouse located?
The property is located at 3762 Kermit Hwy. Odessa, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 12,000 SF across two buildings on 1.136 acres; Primary building includes approximately 1,400 SF of office space within 9,750 SF; Warehouse area offers 16’–20’ eave heights and three overhead doors
More about this property
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