4031 Medical Park Dr Odessa, TX 79765
This exceptional retail and restaurant opportunity is located at 4031 Medical Park Drive, Odessa, TX 79765. The property, built in 2024, offers a total of 14,830 square feet, with multiple tenancy options available. Spaces range from a minimum of 1,290 square feet to a maximum contiguous space of 3,700 square feet, allowing for flexibility to suit various business needs. Currently, 10,500 square feet are vacant, presenting a significant opportunity for expansion or new ventures. The 2.4-acre development, Paradigm Plaza, enjoys a highly visible corner location at Medical Park Drive and Bevo Lane, directly across from the Odessa Country Club Golf Course. This strategic location benefits from high traffic counts and proximity to numerous amenities, including fast-food restaurants (Chick-fil-A, Rosa's Café, Taco Villa, Texas Burger), banking facilities, medical offices, gas stations, hotels, and convenience stores (Stripes and Kent Kwik). Furthermore, the property's convenient access to major thoroughfares like Faudree Road and Highway 191 enhances its accessibility and visibility. The area is experiencing significant growth, with a planned $55 million sports complex slated for completion in Spring 2025, further boosting the area's appeal and potential for increased foot traffic and customer base. This property presents a rare opportunity to establish a presence in a thriving and rapidly developing commercial area of Odessa, Texas.
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
Similar Nearby for Lease
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.