3016 Kermit Hwy Odessa, TX 79764-7307
Property Lookup
Property profile & analytics
3016 Kermit Hwy Odessa, TX 79764-7307
- Office buildings
- 33,428 SF
- 4.42 lot acres
Property ID
US82-3798756
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Aging & Disability Services Department / Social Service Agency / Charitable Organization
- Assistive & Rehabilitative Services / State Government Office / Health
Property Details for 3016 Kermit Hwy
- Year built
- 1993
- Lot size
- 4.42 lot acres
- Property size
- 33,428 SF
- Zone code
- EB2
- Property type
- Office buildings
- APN
- 07500.00030.00000
- APU
- 75000003000000
Description
This exceptional office property, located in West Odessa at 3016 Kermit Hwy, offers a substantial 13,655 square feet of immediately available space within a larger 33,428 square foot building. The property is situated on a generous 4.46 acres of land, providing ample parking for tenants and visitors. Built in 1993, the building offers a blend of traditional office spaces and open areas, ideal for a variety of business configurations. The layout includes over 30 individual offices, perfect for private work or smaller teams, complemented by expansive open floor space suitable for workstations, collaborative areas, or other customized uses. This versatile space is perfectly positioned for businesses seeking convenient access to both the Delaware and Midland Basins, key areas for significant economic activity. The property's multiple tenancy structure allows for flexibility and potential for shared occupancy. The available space presents a unique opportunity for businesses seeking a prominent location with substantial space and convenient access to major industrial hubs. The property is located in Ector County. This is a rare opportunity to secure a significant footprint in a thriving West Odessa location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,910,000
- 6.5%
- $7,300,000
- 7%
- $6,780,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,454,000
Market price range: $5.45M - $13.7M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.397
- Latitude
- 31.8688
- CBSA code
- 36220
- CBSA name
- ODESSA, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$58,707
$196,259
$2,588,442
$2,784,701
-
$196,259
$2,588,442
$2,784,701
