5011 E Hammett Dr, Odessa, TX 79766
- Added:
- Jun 15, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 30 at 5:06 pm
Property Features for 5011 E Hammett Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Chain Link, Fenced
- Appliances
- Individual AC Units, Individual Heating Units, Central Hot Water
- Standard status
- Active
- APN
- 18400.00880.02100
- Size
- 5,400 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9999999
Utilities
- Sewer type
- Private Sewer
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Building materials
- Metal Construction, Metal Siding, Metal Studs
- Roof type
- Metal
Listing agent Chris Beckett License #0439538 (432) 349-7000
Listing office Pine & Beckett - Chris Beckett 4400 N big spring st. Suite E-100, MIDLAND, TX (432) 349-7000
Listing date Jun 15, 2026
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.
HighLights
- Metal building with metal roof, metal siding, and metal studs
- Built in 2023 with central hot water and individual AC and heating units
- Includes private sewer and chain‑link fencing
- Bar and patio area described as turn‑key with TVs, turf, lighting, and screened‑in patio
- Bar area includes pool tables and heating/cooling
- Convenience store described as having everything necessary and all permits in place
Overview
The property is located at 5011 E Hammett Dr in Odessa, TX, within Ector County. The lot is 0.34 acres, and the building size is listed at 5,400 square feet. Permits are stated to be in place for the convenience store.
For operators or buyers seeking a combined live-and-work setup, the layout provides separate spaces for a bar and retail convenience offering, while also including residential living on the property. The turn-key presentation of the bar and patio features may reduce near-term buildout needs, while the stated permit status supports continuity for the convenience store component. This configuration may be well-suited for an owner-operator or a buyer looking for a commercial retail and entertainment use paired with an on-site home.
Local Financial Insights For Specialty 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 | $103.7k | $19.20 |
| − Vacancy | −$7.3k | −$1.34 |
| EGI | $96.4k | $17.86 |
| − OpEx | −$24.1k | −$4.46 |
| NOI | $72.3k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3034584
- Latitude
- 31.8259121
