2479 11th St, Odessa, TX 79761
Well-maintained commercial building with multiple office suites for sale.
- Added:
- Mar 22, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 26 at 12:48 pm
Property Features for 2479 11th St
General Information
- Standard status
- Active
- Size
- 4,698 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing office Copper Key Realty (432) 349-4494
Listing date Mar 22, 2026
Source Crexi
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HighLights
- High‑visibility, high‑traffic location ideal for attracting clients and customers.
- Versatile property suitable for professional services, medical use, or rental income.
- Multiple private office suites provide flexibility for various business needs.
- Well‑maintained building minimizing potential maintenance costs.
- Opportunity to expand your investment portfolio.
- Functional layout designed to accommodate a variety of businesses.
Overview
Local Financial Insights For Office B
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 | $98.7k | $21.00 |
| − Vacancy | −$15.3k | −$3.26 |
| EGI | $83.4k | $17.75 |
| − OpEx | −$20.8k | −$4.44 |
| NOI | $62.5k | $13.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.343792
- Latitude
- 31.864294