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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1224 Grant Ave Odessa, TX 79761-6616
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-1325095
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Total area
2,142 SF
Lot
1.32 ac (57,673 SF)
Zoning code
EB7
APN
25880.00011.00000
UPID
US82-1325095
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gustavo N Jimenez · 11 yrs held
Gustavo N Jimenez
since 2015
7 recorded transactions
Zoning & alternative use
EB7 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,830
Tax year 2023
Assessed value
$181,660
Assessed 2023
Previous assessed
$181,660
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$73,841
Assessed improvement
$107,819
Land market value
$73,841
Improvement market value
$107,819
Total market value
$181,660
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
2,142 SF
Lot
1.32 ac (57,673 SF)
Zoning code
EB7
APN
25880.00011.00000
UPID
US82-1325095
Jurisdiction
ECTOR
Zoning & alternative use
EB7 · Odessa, TX
Zoning EB7 · permitted uses
EB7 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odessa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Gustavo N Jimenez
Individual
Mailing address
PO BOX 7666, ODESSA, TX 79760-7666
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
—
Gustavo N Jimenez
—
Deed
related
$139,472 · Ennis St Bk
Mar 27, 2017
—
Gustavo N Jimenez
—
Deed
related
$173,740 · Ennis St Bk
Jan 28, 2015
—
Gustavo N Jimenez
Lizbeth Estrada Ruiz
Venders Lien
$190,000 · Ennis State Bank
Oct 3, 2014
—
Lizbeth E Ruiz
Gabaldon,margarita
Grant Deed
related
—
Aug 6, 2012
—
Lizbeth E Ruiz
Gabaldon,margarita
Warranty Deed
related
—
Jan 28, 2009
—
Margarita Gabaldon
Mis Suenos INC
Warranty Deed
related
—
—
—
Gustavo N Jimenez
—
Loan Modification
related
$139,472 · Ennis St Bk
—
—
Gustavo N Jimenez
—
Loan Modification
related
$181,783 · Ennis St Bk
—
—
Gustavo N Jimenez
—
Loan Modification
related
$173,740 · Ennis St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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