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    2701 Dixie Blvd Odessa, TX 79762

    For Sale
    $499,000

    8,726 SF Vacant Retail Space, $499,000

    Property size:
    8,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 8,726-square-foot vacant storefront presents a remarkable investment opportunity in the heart of Odessa, Texas. Situated on a 0.42-acre lot at the corner of N Dixie Blvd and E University Blvd, this property boasts a large showroom ideal for merchandise display, along with extensive storage space. While the building currently includes approximately 5,200 square feet of dilapidated space, its demolition would create valuable additional parking. The existing usable space offers ample room for various retail ventures. The property also features a robust security system. The asking price is $499,000, translating to $57.19 per square foot. This prime location in Odessa, within Ector County, offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. The property's address is 2701 N Dixie Blvd, Odessa, TX 79762. This is a chance to acquire a substantial retail space with significant potential for redevelopment and increased profitability. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs.

    Property Features for 2701 Dixie Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,726 SF
    Lot Size
    18,295 SF

    HighLights

    • $499,000 asking price for this vacant retail storefront.
    • 8,726 square feet of usable space on a 0.42‑acre lot in Odessa, TX.
    • $57.19 per square foot.
    • Located at 2701 N Dixie Blvd, Odessa, TX 79762, at the corner of N Dixie Ave and E University Blvd.
    • Property includes a large showroom and extensive storage space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3695219
    Latitude
    31.8709312

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    FAQs

    What type of property is this?
    Individual retail property - 8,726 SF Vacant Retail Space, $499,000
    Where is this individual retail property located?
    The property is located at 2701 Dixie Blvd Odessa, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price for this vacant retail storefront.; 8,726 square feet of usable space on a 0.42-acre lot in Odessa, TX.; $57.19 per square foot.
    Request Owner's contact information
    2701 Dixie Blvd Odessa, TX 79762
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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
    2701 Dixie Blvd Odessa, TX 79762
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