Mixed-Use Building with
For Sale
$423,800
1800 N County Rd, Odessa, TX 79763
Commercial Sale, Odessa, TX
Property Size2,480 SF
Lot Size0.11 Acres
Price / SF$170.89
Days on Market141
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
Subdivision
Beaty
Lot features
Corner Lot
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
(970) 355-0934
Added: Jun 5
Changed: Oct 10
Last Checked: Oct 23 at 10:06PM
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.
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Investment Insights
Based on property information with market context.
This mixed-use building contains 2,480 square feet across two finished levels. The first floor provides 1,280 square feet, while the second floor offers a 1,200-square-foot open-concept apartment with granite countertops, custom cabinetry, a laundry room, and a finished bathroom. The property includes three bathrooms overall, along with a rear staircase serving the upper-level entrance.
Exterior features include a balcony, deck, storage room, concrete side and rear pads, and a sealed parking lot. The electric one-car garage has a remote opener. Built in 1957, the structure has stucco construction, a metal roof, central hot water, and an accessible approach with ramp.
Exterior features include a balcony, deck, storage room, concrete side and rear pads, and a sealed parking lot. The electric one-car garage has a remote opener. Built in 1957, the structure has stucco construction, a metal roof, central hot water, and an accessible approach with ramp.
Key Highlights
- 2,480‑square‑foot mixed‑use building with 1,280 square feet on the first level
- 1,200‑square‑foot finished second‑floor apartment with open‑concept layout
- Granite countertops, custom cabinets, laundry room, and finished bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,313
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,260
$626.3K
Cap Rate 7%
$447,329
$447.3K
Cap Rate 9%
$347,922
$347.9K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$55.1K $22.20/SF
− Vacancy
−$5.0K −$2.00/SF
EGI
$50.1K $20.20/SF
− OpEx
−$18.8K −$7.58/SF
NOI
$31.3K $12.63/SF
Area
Odessa, TX
Vacancy
9.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,260
Cap Rate 7%
$447,329
Cap Rate 9%
$347,922
Alternative Uses
Best Use
Mixed Use
$447.3K
$391.4K – $521.9K
NOI $31,313 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$3.61M
$3.15M – $4.21M
NOI $252,375 @ 7.0% cap · market cap 59.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property with finished living space, commercial improvements, parking, storage, and a separate garage.
Where is this mixed-use property located?
The property is located at 1800 N County Rd Odessa, TX.
What is the asking price?
The asking price for this property is $423,800.
What are key features of this property?
This property features: 2,480‑square‑foot mixed‑use building with 1,280 square feet on the first level; 1,200‑square‑foot finished second‑floor apartment with open‑concept layout; Granite countertops, custom cabinets, laundry room, and finished bathroom
