Property profile

2251 Linda Ave Odessa, TX 79763

OFF-MARKET
Strip malls
Property ID
US82-3102688
12,496 SF 1.52 ac lot Built 2007
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2251 Linda Ave in Odessa, Texas, presents a compelling investment opportunity. The Linda Retail Center boasts a total of 14,350 square feet, currently featuring a mix of retail, office, and restaurant tenants. A single, 1,463 square foot vacant space is immediately available, offering significant potential for a variety of businesses. Situated on Linda Ave, a high-traffic thoroughfare in Ector County, this property benefits from exceptional visibility and convenient access for customers. The open layout of the available space allows for flexible customization to suit diverse business needs, making it ideal for retail, office, or service-oriented enterprises. The property's location within the vibrant Odessa market ensures strong potential for growth and profitability. With 1,775 square feet currently vacant, this presents a unique chance to establish a presence in a thriving commercial area. The property is classified as a traditional office space within a multi-tenant building. This prime location in Odessa, TX (zip code 79763) offers unparalleled access to a large customer base. The property's strategic placement ensures high foot and vehicle traffic, maximizing exposure and accessibility. Don't miss this chance to secure a prominent location in a dynamic and growing market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 12,496 SF
Lot 1.52 ac (66,342 SF)
Zoning code EB3
APN 05720.00620.00000
UPID US82-3102688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering

Location

2251 Linda Ave Odessa, TX 79763-2659
Odessa metro Census 1000 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$984k
Blend (final) Blend
$735k

Owner & transaction history

since 2017
7 recorded transactions
2020
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

EB3 · Odessa, TX
Top alternative use upside
Medical building $940,000 +53.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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