Retail/Office Space on Large
13528 W Hwy 80 E Odessa, TX
For Sale
Contact for pricing
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 Market578
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) 534-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Dec 24, 2024
Changed: Jul 10
Last Checked: Jul 21 at 5:30AM
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
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 For Healthcare Medical
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 | $51.4k | $24.60 |
| − Vacancy | −$4.1k | −$1.97 |
| EGI | $47.3k | $22.63 |
| − OpEx | −$18.9k | −$9.05 |
| NOI | $28.4k | $13.58 |
2,088 SF · lease $24.60/SF/yr · vacancy 8.00% · expense 40.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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
