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    199 Main St Odem, TX 78370

    For Sale
    $175,000

    High-Traffic Pharmacy/Drug Store, 100% Occupied

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional retail property, located at 199 Main St, Odem, TX 78370, presents a unique owner-user investment opportunity. Currently operating as a pharmacy/drug store and boasting 100% occupancy, this property offers immediate income potential. Situated on a substantial 24.2232-acre lot (buyer to verify), the building enjoys a prime location in the heart of Odem, benefiting from high daily traffic counts. The property is listed at $175,000 and is currently leased on a month-to-month basis to Echo Cottage Antique Mall. The lease is a gross lease. The property's precise square footage requires independent verification by the buyer. All information provided is based on Appraisal District records and while believed to be accurate, is not guaranteed. The property's APN is 60873/60880/60891. This is an excellent opportunity for an owner-user seeking a well-located, income-producing retail space in a thriving Texas community. Serious inquiries only. Buyer to conduct their own due diligence.

    Property Features for 199 Main St

    General Information

    Property type
    Individual retail properties
    Lot Size
    1,055,162,592 SF

    HighLights

    • 199 Main St, Odem, TX 78370: Owner‑user opportunity, currently operating as a pharmacy/drug store, 100% occupied, generating immediate income.
    • Situated on a 24.2232‑acre lot (buyer verification required).
    • Prime Odem location with high daily traffic.
    • Listed at $175,000, currently leased month‑to‑month (gross lease) to Echo Cottage Antique Mall.
    • Square footage requires buyer verification; information based on Appraisal District records. APN: 60873/60880/60891.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Odem
    County
    San Patricio
    State
    Texas
    Longitude
    -97.5824
    Latitude
    27.9504632

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    FAQs

    What type of property is this?
    Individual retail property - High-Traffic Pharmacy/Drug Store, 100% Occupied
    Where is this individual retail property located?
    The property is located at 199 Main St Odem, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 199 Main St, Odem, TX 78370: Owner-user opportunity, currently operating as a pharmacy/drug store, 100% occupied, generating immediate income.; Situated on a 24.2232-acre lot (buyer verification required).; Prime Odem location with high daily traffic.
    (361) 854-4448
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    Odem, TX 78370
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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
    199 Main St Odem, TX 78370
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