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Property profile & analytics
OFF-MARKET
Office Spaces

3631 Kermit Hwy Odessa, TX 79764

14,600 SF 2.74 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1960
Total area 14,600 SF
Lot 2.74 ac (119,354 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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