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Fenced Flex Space with Warehouse
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3821 Kermit Hwy, Odessa, TX 79764

Commercial Sale, Odessa, TX

Space Size7,120 SF
Lot Size0.52 Acres
Days on Market2

Property Features for 3821 Kermit Hwy

General Information

Property type Commercial Lease
Property subtype Office
Fencing Fenced, Chain Link
Subdivision Northwest Acres
Lot features Corner Lot
Standard status Active
APN 21350.01690.00000
Size 7,120 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Annual Amount 6737

Utilities

Water source Well

Building Details

Year built 1978
Floors in Building 1
Building materials Metal Construction
Roof type Metal
Listing Agency: The Havens Group
Listed By: Janice Havens · License #441019
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 22 at 3:06AM
MLS# 177671

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.

Investment Insights

Based on property information with market context.

This 7,120-square-foot flex property includes 1,760 square feet of office space and 5,360 square feet of warehouse area. The office component is divided into two sections with reception areas, six offices, three restrooms, and a break area. Warehouse improvements include five overhead doors, one 2-ton crane, and three jib cranes. The cranes and jibs were operational with the prior tenant but may require inspection.

The 0.52-acre site is fenced with chain-link fencing and features metal construction, a metal roof, a water well, and septic service. The property is outside city limits and outside the flood zone. Built in 1978, it is located at 3821 Kermit Hwy in Odessa, Texas.

Key Highlights

  • 7,120 SF flex facility with 1,760 SF of office and 5,360 SF of warehouse space
  • Five overhead doors support warehouse operations
  • Warehouse includes one 2‑ton crane and three jib cranes

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Storage Facility

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
Utilities to site
NNN (Triple Net)
Lease Type
$1.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

231
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

$14.63 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
11,016 SF
Avg Space Size

This space is priced 42% below the average of $14.63 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Metal-construction facility combines office suites, warehouse area, overhead doors, and secured chain-link fencing.
Where is this flex space located?
The property is located at 3821 Kermit Hwy Odessa, TX.
What are key features of this property?
This property features: 7,120 SF flex facility with 1,760 SF of office and 5,360 SF of warehouse space; Five overhead doors support warehouse operations; Warehouse includes one 2‑ton crane and three jib cranes
More about this property
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