For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Storefront for Sale Title is generated by Realmo AI

    804 N Hancock Ave, Odessa, TX 79761

    View on Map
    Claim this Listing
    For Sale
    $250,000

    SINGLE_FAMILY - Odessa, TX

    Type:Retail
    Property size:
    1,504 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $166/SF
    Added:
    Jul 2, 2026
    Days on Market:
    8
    Last Refresh:
    Jul 9 at 3:06 am

    Property Features for 804 N Hancock Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    R100039867
    Size
    1,504 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1885

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal

    We can help!

    Contact an agent
    Tisha Golden

    Listing agent Tisha Golden License #0681633

    Listing office Copper Key Realty 501 N Grant, Odessa, TX

    Listing date Jul 2, 2026

    MLS# 175919

    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

    • Brick construction building with a metal roof
    • Built in 1960
    • Walking distance to 8th Street

    Overview

    This for-sale retail storefront totals 1,504 square feet and sits on a 0.193-acre lot. The property is positioned as a flexible “canvas,” giving a new owner the chance to tailor the space to a retail or business concept.

    The asset is located at 804 N Hancock Ave in Odessa, Texas (Ector County), and is described as being within walking distance to 8th Street. That walkable proximity can be helpful for tenants seeking direct access from nearby foot traffic.

    Because the current space is presented as adaptable, this property may suit an owner-operator or investor looking for a straightforward retail footprint that can be customized to fit their intended use. Buyers should evaluate the property’s existing layout and improvements onsite to confirm final fit for their business plans.

    Local 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 $26.2k $17.40
    − Vacancy −$2.2k −$1.48
    EGI $23.9k $15.92
    − OpEx −$7.2k −$4.78
    NOI $16.8k $11.14
    1,504 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $239.5K
    $209.5K – $279.4K (±1% cap)
    NOI $16,762 @ 7.0% cap · market cap 6.70%
    Second Best
    no second resolved use
    Theoretical Best
    Flex RnD
    $2.19M
    $1.91M – $2.55M (±1% cap)
    NOI $153,053 @ 7.0% cap · market cap 61.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Storage Facility Garden Center Parking Lot & Garage Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center Computer & Electronic Repair Dental Office

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • western floral and gift/ floristeria en odessa/ floristeria con delivery/ eventos especiales 209 E University Blvd, Odessa, TX 79762
    • Romantic Rose Flowers & Gifts 209 E University Blvd, Odessa, TX 79762
    • Mark Knox Flowers 1209 E 8th St, Odessa, TX 79761
    • Jazmine's Flowers & Gifts 1116 N Grant Ave, Odessa, TX 79761
    • Blooming Rose 302 E University Blvd, Odessa, TX 79762

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3682291
    Latitude
    31.85323

    FAQs

    What type of property is this?
    Storefront property - For-sale retail storefront with room to customize, located within walking distance to 8th Street in Odessa.
    Where is this storefront property located?
    The property is located at 804 N Hancock Ave Odessa, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Brick construction building with a metal roof; Built in 1960; Walking distance to 8th Street
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message