400 63Rd St Odessa, TX 79762
This exceptional 3.7-acre property in Odessa, Texas, presents a unique investment opportunity. Located at 400 E 63rd St, 79762, this mixed-use property offers a blend of commercial and residential potential. The property includes three existing buildings totaling 2,400 square feet; two buildings are 720 square feet each, and one is 960 square feet. Built in 2010, the property is currently vacant and ready for immediate development. The asking price is $330,000, translating to $137.50 per square foot. The land boasts two water wells and electric connections, and importantly, there are no restrictions on its use. Previously utilized as a mobile home park, this versatile property has recently been cleaned up, making it ideal for a variety of projects. Its size and infrastructure make it suitable for various commercial ventures or residential development. The property's location in Ector County, Texas, offers access to Odessa's amenities and infrastructure. This is a rare opportunity to acquire a substantial property with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.