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Days236Days on Market
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$650,000

2618 Kermit Hwy, Odessa, TX, 79763

On MarketInfo
CommercialInfo
Baths4,500 Sq Ft
RetailRetail
price_per_sqft$144.44 / sqft
Year BuiltBuilt in 1960

Exterior

Lot Size6,251 sqft

Building Information

Year Built1960

Land Information

APN04800.00070.00000
Lot Number7
SubdivisionBuchanan North
Land UseCommercial
Legal DescriptionBUCHANAN NORTH BLOCK 1 LOT 7
Census Tract001300
Assessed Land Value$13,313
Assessed Improvement Value$93,699
Assessment Year2025

About this property

Own both a profitable, growing floral business and the real estate it operates from! This beloved family-owned flower shop has been a trusted name in the community for years, specializing in cemetery and funeral arrangements, and also serving as a wholesale supplier to local event planners and flower shops across nearby towns. Sale incudes commercial real estate, all wholesale vendor lists, $100,000 of current inventory (retail value approx. $350k), excellent expansion potential!

Investor Tools

Property Icon
$107,012
Estimated Property Value
$0Estimated Mortgage Balance
$107,012Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Cynthia Duarte

Beyond Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,255
$107,012
2025
$13,313
$93,699
$107,012
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,255
$107,012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$107,012
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Odessa

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2618 Kermit Hwy | Property Details | No Agent List