Retail
For Sale
Contact for pricing
5027 E Hwy 80, Odessa, TX 79762
The 1983 building previously operated as a game room.
Property Size3,740 SF
Price / SF$1.47
Days on Market340
Property Features for 5027 E Hwy 80
General Information
Standard status
Active
Size
3,740 SF
Total Parking Spaces
75
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,726
Building Details
Building Size
3,740 SF
Year Built
1983
Buildings
1
Listing Agency:
TROWER REALTORS
(432) 333-3211
Listed By:
Tonya Trower · License #308526
(432) 889-2124
Source:
Gloriarealestate
Added: Nov 19, 2025
Changed: Oct 24
Last Checked: Oct 24 at 3:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TROWER REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,740-square-foot retail property was built in 1983 and previously operated as a game room. It is located at 5027 E Hwy 80 in Odessa, Texas.
Key Highlights
- 3,740‑square‑foot retail property
- Previously operated as a game room
- Built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,681
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,620
$833.6K
Cap Rate 7%
$595,443
$595.4K
Cap Rate 9%
$463,122
$463.1K
Market Conditions
NOI Build-Up for 3,740 SF
Gross rent
$65.1K $17.40/SF
− Vacancy
−$5.5K −$1.48/SF
EGI
$59.5K $15.92/SF
− OpEx
−$17.9K −$4.78/SF
NOI
$41.7K $11.14/SF
Area
Odessa, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,620
Cap Rate 7%
$595,443
Cap Rate 9%
$463,122
Alternative Uses
Best Use
Retail
$595.4K
$521.0K – $694.7K
NOI $41,681 @ 7.0% cap · market cap 757.84%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$5.44M
$4.76M – $6.34M
NOI $380,598 @ 7.0% cap · market cap 6,919.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The 1983 building previously operated as a game room.
Where is this retail space located?
The property is located at 5027 E Hwy 80 Odessa, TX.
What are key features of this property?
This property features: 3,740‑square‑foot retail property; Previously operated as a game room; Built in 1983
