Building Details

Year built 2023

Floors in Building 1

Building materials Metal Construction, Metal Siding

Roof type Metal

Listing Agency: All City Real Estate Ltd. Co. Show Phone

Listed By: Tammy New · License #655809 Show Phone

Added: Aug 4 Changed: Oct 8 Last Checked: Oct 9 at 4:06AM

Report an Issue

MLS# 176633

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.

Investment Insights

Based on property information with market context.

The 6,028-square-foot auto shop was built in 2023 and occupies a 1.10-acre fenced parcel. Metal construction and a metal roof define the building. Its equipment includes a recently added paint booth, air compressors, 14-foot bay doors and a Lift King frame machine. Computers and office furniture are also included in the sale.

Located at 1401 W Murphy in Odessa, the property is in Ector County, Texas.

Key Highlights

• 6,028‑square‑foot auto shop on 1.10 acres
• Paint booth added recently
• 14‑foot bay doors, air compressors and a Lift King frame machine

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$67,180

Cap Rate

8.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,343,600 $1.3M

Cap Rate 7%

$959,714 $959.7K

Cap Rate 9%

$746,444 $746.4K

Market Conditions

NOI Build-Up for 6,028 SF

Gross rent

$104.9K $17.40/SF

− Vacancy

−$8.9K −$1.48/SF

EGI

$96.0K $15.92/SF

− OpEx

−$28.8K −$4.78/SF

NOI

$67.2K $11.14/SF

Area

Odessa, TX

Vacancy

8.50%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,343,600

Cap Rate 7%

$959,714

Cap Rate 9%

$746,444

Alternative Uses

Best Use

Industrial

$5.11M

$4.47M – $5.96M (±1% cap)

NOI $357,738 @ 7.0% cap · market cap 43.36%

Second Best

Retail

$959.7K

$839.8K – $1.12M (±1% cap)

NOI $67,180 @ 7.0% cap · market cap 8.14%

Theoretical Best

Flex RnD

$8.76M

$7.67M – $10.22M (±1% cap)

NOI $613,435 @ 7.0% cap · market cap 74.36%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

625

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 79763, TX

39,767

Population

15,063

Households

2.6

Avg Household Size

33

Median Age

9%

College-Educated

70%

High-School Grad

50.4 sq mi

ZIP Area

789

Density / Sq Mi

$57,618

Median Household Income

$45,267

Median Earnings

$1,097

Median Rent

$127,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Auto Shop with Office

808 N Muskingum Ave, Odessa, TX 79761

$480,000

6,200 SF

View details

Furnished Office Building With Shop

3670 N Moss Ave, Odessa, TX 79764

$1,750,000

7,500 SF

View details

Office Building with Rear Garage

2201 E 8th St, Odessa, TX 79761

$660,000

3,150 SF

View details

Established Auto Shop with Tire Service

2000 County Road W, Odessa, TX 79763

$800,000

2,300 SF

View details

Five-Bay Oil Change Shop

8444 W University Blvd, Odessa, TX 79764

$599,900

2,700 SF

View details

Multi-Building Auto Shop Property

400 Stoddard, Odessa, TX 79762

$450,000

12,430 SF

View details

Flex Space with Covered Work Areas

501 W 42nd St, Odessa, TX 79764

$499,900

1,814 SF

View details

Auto Shop with Enclosed Washbay

16690 W Basin St, Odessa, TX 79763

$2,179,550

18,732 SF

View details

Flex Space with Fenced Yard

1510 E 2nd St, Odessa, TX 79761

$1,695,000

35,010 SF

View details

Odessa Retail Automotive Property

2763 N County Rd W, Odessa, TX 79764

Contact for pricing

11,223 SF

View details

Single-Tenant Firestone Auto Shop

2020 ANDREWS HWY, Odessa, TX 79761

Contact for pricing

12,624 SF

View details

Auto Collision Center Net-Lease

2381 Field Street, Odessa, TX 79761

Contact for pricing

26,494 SF

View details

Similar Off Market Nearby

• Reys body Shop — 1460 S Crane Ave, Odessa, TX 79763
• GAMA'S TIRES — 2409 W 2nd St, Odessa, TX 79763
• M&A Diesel Repair — 2505 w 2nd st, odessa, tx 79763
• Odessa Diesel Shop — Odessa, TX 79763
• American Brakes — 2410 Van St, Odessa, TX 79763

Frequently Asked Questions

What type of property is this?

Auto shop - Fenced grounds provide space for vehicle storage alongside the shop and its automotive equipment.

Where is this auto shop located?

The property is located at 1401 W Murphy Odessa, TX.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: 6,028‑square‑foot auto shop on 1.10 acres; Paint booth added recently; 14‑foot bay doors, air compressors and a Lift King frame machine