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Property profile & analytics
FOR SALE
Drive through restaurants

1306 E 7Th St Odessa, TX 79761

1,440 SF 0.2 ac lot Built 2001
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2794216
Property summary
AI-generated overview

This established Odessa, Texas restaurant presents a compelling investment opportunity. Priced at $495,000, this 1,440 square foot, single-story building sits on a 0.21-acre lot zoned for commercial use. Built in 2001, the property boasts a prime location just off Dixie Blvd and 7th Street, a high-traffic area surrounded by numerous restaurants and grocery stores. Its proximity to the revitalized downtown Odessa ensures consistent customer flow. The property's current use is as a BBQ restaurant, benefiting from excellent street frontage on 7th Street, maximizing visibility and attracting significant traffic. The location offers potential for expansion, with adjacent acreage available. This turnkey operation is ideal for an investor seeking a profitable venture in a thriving commercial district. The property features a price per square foot of $343.75. The commercial zoning allows for flexibility in future uses. This is a rare opportunity to acquire a well-established business in a high-demand location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2001
Total area 1,440 SF
Lot 0.2 ac (8,751 SF)
Zoning code EE2
APN 27750.01000.00000
UPID US82-2794216
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
Current use
Occupant on record · Public records
  • Sam's BBQ Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tiki F Davis · 9 yrs held
Tiki F Davis
since 2017
5 recorded transactions
2017
Price N/A
2012
Price N/A
2012
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
EE2 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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