3636 Andrews Hwy, Odessa, TX 79762
SINGLE_FAMILY - Odessa, TX
- Added:
- Feb 24, 2026
- Days on Market:
- 125
- Last Refresh:
- Jun 29 at 4:06 am
Property Features for 3636 Andrews Hwy
General Information
- Property type
- Residential
- Property subtype
- Retail
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 14250.00010.00000
- Size
- 11,896 SF
- Lot size
- 1.01 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7982
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Building materials
- Stucco, Block, Metal Studs
- Roof type
- Flat
Listing agent Hien Tieu License #0827004 (432) 254-1688
Listing office Brix & Co. Realty 4992 Rustic Trail, Midland, TX (432) 201-1040
Listing date Feb 24, 2026
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.
HighLights
- High‑traffic location on Andrews Highway (15,000‑30,000 vehicles per day).
- Value‑add opportunity with flexible deal structures (real estate and/or existing grocery business).
- Large 11,896 SF freestanding building on 1.005 acres.
- Open floor plan suitable for retail, restaurant, or office use.
- Easy access.
- Construction Materials: Stucco, Block, Metal Studs.
Overview
Located at 3636 Andrews Hwy in Odessa, Texas, the site benefits from visibility along Andrews Highway, described in the remarks as a high-traffic corridor carrying approximately 15,000 to 30,000 vehicles per day. The offering includes flexibility around deal structure, as the seller is open to multiple terms, including purchase of the real estate and/or the existing grocery business.
For tenants, buyers, or operators seeking a standalone space with a broad interior configuration, this property provides a practical framework for retail- and service-oriented uses, as well as office occupancy. Because the seller is open to different purchase structures, it may also be worth evaluating for users considering an integrated real estate and business arrangement.
Local Financial Insights For Specialty 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 | $228.4k | $19.20 |
| − Vacancy | −$16.0k | −$1.34 |
| EGI | $212.4k | $17.86 |
| − OpEx | −$53.1k | −$4.46 |
| NOI | $159.3k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3826227
- Latitude
- 31.8773305
