1306 E 7Th St Odessa, TX 79761
For Sale
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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.
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Sam's BBQ Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
EE2 · Odessa, TXCosts & 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.