Technical
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Distress signals
Property profile

199 Main St Odem, TX 78370

OFF-MARKET
Retail properties & Spaces
24223.2 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Lot 24223.2 ac (1,055,162,592 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

199 Main St Odem, TX 78370
Odem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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