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    1305-1523 8Th St Odessa, TX 79761

    Sponsored
    For Lease
    $18 SF/Yr
    Lot size:
    151,743 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 1305-1523 8Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    151,743 SF
    Class
    B
    Total Rate
    227614.5

    Unit(s) available at that property

    Space
    Suite 1359
    Size
    2,265 SF
    Rate per SF
    $18

    HighLights

    • Grocery‑anchored shopping center.
    • 151,743 square foot center.
    • Ample parking and high visibility.
    • Introductory lease rates available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3571487
    Latitude
    31.859299

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    FAQs

    Where is this restaurant located?
    The property is located at 1305-1523 8Th St Odessa, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Grocery-anchored shopping center.; 151,743 square foot center.; Ample parking and high visibility.
    Request Owner's contact information
    1305-1523 8Th St Odessa, TX 79761
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    Odessa, TX 79761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1305-1523 8Th St Odessa, TX 79761
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