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Restaurant Property with Warehouses
New
For Sale
$1,300,000

Odessa, TX 79761, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size12,331 SF
Lot Size1.35 Acres
Price / SF$105.43
Days on Market1

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Subdivision Highland Park
Lot features Lighted Parking, Corner Lot
Standard status Active
APN See Private Agent Remarks
Size 12,331 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Annual Amount 7490

Building Details

Year built 1950
Floors in Building 1
Building materials Block, Metal Construction
Roof type Flat, Metal
Listing Agency: Copper Key Realty
Listed By: John Herriage · License #TX637325
Added: Sep 2 Last Checked: Sep 2 at 7:06PM
MLS# 177269

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 1.35-acre commercial property contains four buildings totaling 12,331 square feet. The primary building is a 4,204-square-foot restaurant with a commercial kitchen and dining area; the restaurant dates to 1942. Supporting improvements include a 384-square-foot warehouse, a 1,875-square-foot warehouse with bay doors, and a 5,868-square-foot building configured as an event center. The property was built in 1950 and includes block and metal construction with flat and metal roofing.

Positioned on Kermit Hwy in Odessa, the site provides a large parking lot serving the restaurant and other buildings. An accessible approach with ramp is also provided.

Key Highlights

  • Four‑building property totaling 12,331 square feet on 1.35 acres
  • 4,204‑square‑foot restaurant with fully equipped commercial kitchen and dining area
  • 1,875‑square‑foot warehouse with bay doors

Property Analytics

Current Use

Conventional restaurants

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Four-building commercial property combines a fully equipped kitchen and dining area with warehouse and event-center space.
Where is this conventional restaurant located?
The property is located at Odessa, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑building property totaling 12,331 square feet on 1.35 acres; 4,204‑square‑foot restaurant with fully equipped commercial kitchen and dining area; 1,875‑square‑foot warehouse with bay doors
More about this property
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