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    3631 Kermit Hwy Odessa, TX 79764

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    3631 Kermit Hwy Odessa, TX 79764


    • Office properties & Spaces
    • 14,600 SF
    • 2.74 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 3631 Kermit Hwy

    Year built
    1960
    Lot size
    2.74 lot acres
    Property size
    14,600 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 14,600 square foot office building, situated on a 2.74-acre lot at 3631 Kermit Hwy in Odessa, Texas, presents a unique investment opportunity. Currently configured as a church, the property boasts a spacious sanctuary, a sizable fellowship hall, multiple classrooms, and several private offices, all complemented by ample restroom facilities. The building's strategic location ensures high visibility and accessibility, benefiting from significant traffic flow. The extensive 2.74-acre lot provides generous parking, a significant advantage for any business or organization requiring ample space for vehicles. The property's versatile layout offers potential for a variety of uses, making it an attractive prospect for adaptive reuse. The existing infrastructure, including the sanctuary, fellowship hall, and classrooms, provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. This property is priced competitively at $675,000, representing a compelling value proposition in the Odessa commercial real estate market. Its prime location and substantial size make it an ideal investment for those seeking a high-traffic, versatile commercial space. The ample parking further enhances its appeal, ensuring convenience for employees, clients, and visitors. Serious inquiries are encouraged to explore the full potential of this remarkable property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.41
    Latitude
    31.8707
    More about this property
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