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    Property profile & analytics

    2701 Dixie Blvd Odessa, TX 79762

    • Commercial real estate
    • 4,176 SF
    • 0.14 lot acres
    For Sale
    View listing
    $499,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-2733640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2701 Dixie Blvd

    Year built
    1948
    Lot size
    0.14 lot acres
    Property size
    4,176 SF
    Zone code
    ED4
    Property type
    Commercial real estate
    APN
    03700.03061.00000
    APU
    37000306100000

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $385,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $385,000
      Mixed-Use
      $365,000
      Hospitality
      $380,000
      Educational
      $400,000
      Residential Income
      $440,000
      Energy
      $405,000
      Income-Based Land
      $395,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.37
    Latitude
    31.8709
    CBSA code
    36220
    CBSA name
    ODESSA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,301
    $15,300
    $188,705
    $204,005
    -
    $15,300
    $188,705
    $204,005

    Comparable in this City

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    • Value Estimation by Request
      0.08 Acres

      6607 Dixie Blvd

      COMMERCIAL (GENERAL) • 0.08 Acres
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      View Details
    • Value Estimation by Request
      0.46 Acres

      6700 Dixie Blvd

      COMMERCIAL (GENERAL) • 0.46 Acres
      6700 Dixie Blvd, Odessa, TX 79762-2931
      View Details
    • Value Estimation by Request
      0.25 Acres

      5912 Saint Louis Ave

      COMMERCIAL (GENERAL) • 0.25 Acres
      5912 Saint Louis Ave, Odessa, TX 79762-3756
      View Details

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    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
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