Technical
Financial
Distress signals
Property profile

1618 Texas Ave Odessa, TX 79761

OFF-MARKET
Bars & Pubs
Property ID
US82-3154687
2,800 SF 0.14 ac lot Built 1950
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1950
Total area 2,800 SF
Lot 0.14 ac (5,920 SF)
Zoning code EE1
APN 06200.02704.00000
UPID US82-3154687

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service General Contractor
  • Auto Repair Shop

Location

1618 Texas Ave Odessa, TX 79761-2650
Odessa metro Census 1500 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

EE1 · Odessa, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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