Entertainment Venue
6115 Andrews Hwy Odessa, TX 79764
New
For Sale
$270,000
COMMERCIAL - Odessa, TX
Property Size2,021 SF
Lot Size0.51 Acres
Price / SF$133.60
Days on Market4
Property Features for 6115 Andrews Hwy
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 16900.00121.00000
- Size
- 2,021 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1082
Building Details
- Year built
- 1957
- Building materials
- Concrete, Metal Siding
- Roof type
- Metal
Listing Agency:
Black Orchid Real Estate, LLC
(432) 813-3538
Listed By:
Ronda Peroutka · License #0680846
(432) 202-0182
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 25 at 4:06PM
MLS# 176380
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.
Investment Insights
Based on property information with market context.
This for-sale commercial property has operated in the past as a popular nightclub and later as a game room. The building is positioned for a new concept, with the current configuration potentially suitable for entertainment, retail, restaurant, bar, or event use, subject to buyer verification.
The property is located at 6115 Andrews Hwy in Odessa, Texas, within Ector County. Lot size is 0.506 acres, and the listed building size is 2,021 square feet.
Prospective buyers should confirm all details, including schools, taxes, boundary lines, and zoning, prior to closing.
The property is located at 6115 Andrews Hwy in Odessa, Texas, within Ector County. Lot size is 0.506 acres, and the listed building size is 2,021 square feet.
Prospective buyers should confirm all details, including schools, taxes, boundary lines, and zoning, prior to closing.
Key Highlights
- Commercial building with concrete construction and metal siding
- Metal roof
- Built in 1957
Financial Insights For 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 | $35.2k | $17.40 |
| − Vacancy | −$3.0k | −$1.48 |
| EGI | $32.2k | $15.92 |
| − OpEx | −$9.7k | −$4.78 |
| NOI | $22.5k | $11.14 |
2,021 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$386.6K
$338.3K – $451.1K
NOI $27,065 @ 7.0% cap · market cap 10.02%
Second Best
Retail
$321.8K
$281.5K – $375.4K
NOI $22,523 @ 7.0% cap · market cap 8.34%
Theoretical Best
Flex RnD
$2.94M
$2.57M – $3.43M
NOI $205,666 @ 7.0% cap · market cap 76.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Orange Greenroom
Hotel & Motel
Similar Off Market Nearby
- Kari's Liquor — 1121 E 52nd St, Odessa, TX 79762
- Gabby Doo Saloon — 6009 n golder ave, odessa, tx 79764
- The Rabbit Hole Bar — 6009 N Golder Ave, Odessa, TX 79764
- Smoker's Oasis TX — 5100 N Dixie Blvd, Odessa, TX 79762
- Ten Four Lounge — 5619 N Golder Ave, Odessa, TX 79764
FAQs
What type of property is this?
Night club - Former nightclub and later game room building offered for sale on a 0.506-acre lot.
Where is this night club located?
The property is located at 6115 Andrews Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Commercial building with concrete construction and metal siding; Metal roof; Built in 1957
