Retail Property with Finished
1800 N County Rd Odessa, TX 79763
1800 N County Rd, Odessa, TX, 79763
$458,000
For Sale
$458,000
COMMERCIAL - Odessa, TX
Property Size2,480 SF
Lot Size0.11 Acres
Price / SF$184.68
Days on Market92
Property Features for 1800 N County Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Central Hot Water
- Standard status
- Active
- APN
- R100044513
- Size
- 2,480 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3997
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Building materials
- Stucco
- Roof type
- Metal
Listing agency
All City Real Estate Ltd. Co.
(866) 277-6005
Listed by
Frances Romero · License #0651370
(970) 355-0934
Added: Apr 22 Updated: Jun 5 at 2:30PM Checked: Jul 22 at 5:06PM
MLS# 173496
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.
This retail property, located in Odessa, Texas, features a 2,480-square-foot building zoned for retail use. The first level comprises 1,280 square feet of retail space, while the second level offers a 1,200-square-foot finished, open-concept apartment. The apartment includes granite countertops, custom cabinets, a laundry room, and a finished bathroom, with a separate entrance. The property also features a deck at the back and front. Additional amenities include a storage room, an electric one-car garage with a remote opener, and a concrete side and rear pad. The parking lot has been recently sealed. The property is move-in ready and owner carry financing is available.
Key Highlights
- Retail zoned property with move‑in ready building
- Two‑story building: retail space and finished apartment
- Apartment features granite countertops, custom cabinets, laundry room, finished bathroom, separate entrance
Local Financial Insights For 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 | $43.2k | $17.40 |
| − Vacancy | −$3.7k | −$1.48 |
| EGI | $39.5k | $15.92 |
| − OpEx | −$11.8k | −$4.78 |
| NOI | $27.6k | $11.14 |
2,480 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$394.8K
$345.5K – $460.7K
NOI $27,639 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$3.61M
$3.15M – $4.21M
NOI $252,375 @ 7.0% cap · market cap 55.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kathy's Fashion
Clothing Store
FRANCES VICTORIA ROMERO ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space with finished apartment available for sale in Odessa.
Where is this retail space located?
The property is located at 1800 N County Rd Odessa, TX.
What is the asking price?
The asking price for this property is $458,000.
What are key features of this property?
This property features: Retail zoned property with move‑in ready building; Two‑story building: retail space and finished apartment; Apartment features granite countertops, custom cabinets, laundry room, finished bathroom, separate entrance
