1905 S US Hwy 385, Odessa, TX 79766
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 12:06 pm
Property Features for 1905 S US Hwy 385
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 133550002000000
- Size
- 14,400 SF
- Lot size
- 2.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4000
Building Details
- Year built
- 2024
- Building materials
- Brick, Glass, Concrete
- Roof type
- Composition
Listing agent Lead Group Team At Real Broker, Llc (432) 299-3539
Listing office Real Broker, LLC 2626 Cole Ave Suite 300, Dallas, TX (855) 450-0442
Listing date Jul 7, 2026
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.
HighLights
- 2‑acre commercial property on highly traveled Hwy 385 with multiple revenue streams: gas station, liquor store, convenience store, and restaurant
- Built in 2024
- Construction materials include brick, glass, and concrete
- Composition roof
- Highway frontage with easy access and ample parking
Overview
The property is located at 1905 S US Hwy 385 in Odessa, Texas. Public remarks note the site’s setting on a highly traveled highway with excellent highway frontage and easy access, positioning the property for strong day-to-day visibility and straightforward customer approach.
For owner-operators and investors, the mix of fuel and retail food and beverage-oriented uses can support diversified day-to-day traffic drivers within a single asset. The listing is presented as turnkey potential, and the on-site parking and highway access are practical considerations for tenants or buyers evaluating a hands-on operation or an income-producing retail and automotive-adjacent business platform.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.30M | $90.00 |
| − Vacancy | −$75.2k | −$5.22 |
| EGI | $1.22M | $84.78 |
| − OpEx | −$366.2k | −$25.43 |
| NOI | $854.6k | $59.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3542589
- Latitude
- 31.8255828
