1101 87th St, Odessa, TX 79765
- Added:
- Jun 17, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 20 at 3:06 am
Property Features for 1101 87th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 99200.87073.00000
- Size
- 3,600 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Year built
- 2020
- Building materials
- Metal Construction
Listing agent Colton Robbins License #0698027 (432) 230-8119
Listing office Starz Realty 1221 W University Blvd, TX (432) 653-0053
Listing date Jun 17, 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
- Turnkey bar opportunity includes all fixtures and inventory.
- Located in the popular and growing north side of Odessa.
- Situated in The Shops at North Park.
- Established in 2020.
- Metal construction.
- Hottest bar in Odessa.
Overview
The asset is located at 1101 87th St in Odessa, Texas, in The Shops at North Park on the north side of the city. That retail setting can support day-to-day customer traffic for a neighborhood bar and restaurant concept.
For a buyer looking to step into an operating business rather than start from scratch, the included fixtures and inventory are the key practical benefit. This configuration can be well-suited to an owner-operator or operator seeking a ready-to-run setup within an established retail shopping center environment in Odessa.
Local Financial Insights For Specialty Retail
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 | $69.1k | $19.20 |
| − Vacancy | −$4.8k | −$1.34 |
| EGI | $64.3k | $17.86 |
| − OpEx | −$16.1k | −$4.46 |
| NOI | $48.2k | $13.39 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Smoker's Oasis TX — 1001 87th St, Odessa, TX 79765
- 87th Lounge — 1101 87th St Suite 310 & 315, Odessa, TX 79765
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3838441
- Latitude
- 31.9388275
