Retail/Office Space on Large
For Sale
Contact for pricing
13528 W Hwy 80 E, Odessa, TX
2,088 SF retail or office space on 0.91 acres.
Property Size2,088 SF
Lot Size0.34 Acres
Price / SF$184.39
Days on Market669
Property Features for 13528 W Hwy 80 E
General Information
Standard status
Active
Size
2,088 SF
Lot size
0.34 Acres
Property subtype
RETAIL
Listing Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 432-7930
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Dec 24, 2024
Changed: Oct 10
Last Checked: Oct 23 at 9:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group - Dallas/Fort Worth
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,088 square-foot property is situated on a 0.91-acre lot and is suitable for a vet clinic, office, or retail use. The space features a reception area, a waiting room, three exam rooms or future offices, storage space, and a washroom. The property benefits from high visibility and quick access to major thoroughfares.
Key Highlights
- High Visibility and Quick Access to Major Thoroughfares
- 2,088 SF on 0.91 Acres
- Ideal for Vet Clinic, Office, or Retail
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,353
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,060
$567.1K
Cap Rate 7%
$405,043
$405.0K
Cap Rate 9%
$315,033
$315.0K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$51.4K $24.60/SF
− Vacancy
−$4.1K −$1.97/SF
EGI
$47.3K $22.63/SF
− OpEx
−$18.9K −$9.05/SF
NOI
$28.4K $13.58/SF
Area
Odessa, TX
Vacancy
8.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,060
Cap Rate 7%
$405,043
Cap Rate 9%
$315,033
Alternative Uses
Best Use
Healthcare Medical
$405.0K
$354.4K – $472.6K
NOI $28,353 @ 7.0% cap · market cap 7.36%
Second Best
Office B
$397.0K
$347.4K – $463.2K
NOI $27,789 @ 7.0% cap · market cap 7.22%
Theoretical Best
Flex RnD
$3.04M
$2.66M – $3.54M
NOI $212,484 @ 7.0% cap · market cap 55.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - 2,088 SF retail or office space on 0.91 acres.
Where is this retail space located?
The property is located at 13528 W Hwy 80 E Odessa, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: High Visibility and Quick Access to Major Thoroughfares; 2,088 SF on 0.91 Acres; Ideal for Vet Clinic, Office, or Retail
