Five-Bay Oil Change
For Sale
$599,900
8444 W University Blvd, Odessa, TX 79764
Commercial Sale, Odessa, TX
Property Size2,700 SF
Lot Size0.80 Acres
Price / SF$222.19
Days on Market54
Property Features for 8444 W University Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Town & Country
Standard status
Active
APN
32200.00560.00000
Size
2,700 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Annual Amount
3107
Amenities
OFFICE
BATH
Building Details
Year built
2011
Floors in Building
1
Building materials
Block, Metal Construction
Roof type
Metal
Listing Agency:
Pine & Beckett - Chris Beckett
(432) 349-7000
Listed By:
Chris Beckett · License #0439538
(512) 796-4340
Added: Aug 17
Changed: Oct 8
Last Checked: Oct 9 at 3:06AM
MLS# 157451
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.
Configured for automotive service, the 2,700-square-foot building contains five service bays, an office, and a bathroom. Built in 2011, it features block and metal construction with a metal roof. Inventory and personal items are included in the sale.
The property encompasses a 0.8035-acre double parcel. It has on-site septic; water service would require a well or a connection to the city system. Mineral rights were previously reserved.
The property encompasses a 0.8035-acre double parcel. It has on-site septic; water service would require a well or a connection to the city system. Mineral rights were previously reserved.
Key Highlights
- Five service bays, plus an office and bathroom
- 2,700‑square‑foot commercial building constructed in 2011
- 0.8035‑acre double parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,091
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,820
$601.8K
Cap Rate 7%
$429,871
$429.9K
Cap Rate 9%
$334,344
$334.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$47.0K $17.40/SF
− Vacancy
−$4.0K −$1.48/SF
EGI
$43.0K $15.92/SF
− OpEx
−$12.9K −$4.78/SF
NOI
$30.1K $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%
$601,820
Cap Rate 7%
$429,871
Cap Rate 9%
$334,344
Alternative Uses
Best Use
Industrial
$2.29M
$2.00M – $2.67M
NOI $160,234 @ 7.0% cap · market cap 26.71%
Second Best
Retail
$429.9K
$376.1K – $501.5K
NOI $30,091 @ 7.0% cap · market cap 5.02%
Theoretical Best
Flex RnD
$3.93M
$3.43M – $4.58M
NOI $274,764 @ 7.0% cap · market cap 45.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
5
Service bays
18,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79764, TX
26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Israel Service — 8899 W University Blvd, Odessa, TX 79764
- Mikes Mobile Auto & Ac Repair — 8500 W 26th St, Odessa, TX 79763
- West Texas Customs & The Tire Shop — 8468 W University Blvd, Odessa, TX 79764
- Pardue's Oil Change & Services Center — 8444 W University Blvd, Odessa, TX 79764
- IRON MAN TRUCK SERVICES, LLC — 8429 W University Blvd, Odessa, TX 79764
Frequently Asked Questions
What type of property is this?
Auto shop - A 2011-built automotive facility includes office and restroom space, with inventory and personal property conveyed in the sale.
Where is this auto shop located?
The property is located at 8444 W University Blvd Odessa, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Five service bays, plus an office and bathroom; 2,700‑square‑foot commercial building constructed in 2011; 0.8035‑acre double parcel
