Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
16500 Interstate 20 Odessa, TX 79763
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-6758362
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Total area
1,363 SF
Lot
11 ac (479,160 SF)
Zoning code
ES1
APN
43450.00040.00000
UPID
US82-6758362
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
Crumrine B J Lynn · 18 yrs held
Crumrine B J Lynn
since 2008
2 recorded transactions
Zoning & alternative use
ES1 · 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
$4,648
Tax year 2023
Assessed value
$286,133
Assessed 2023
Previous assessed
$286,133
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$220,000
Assessed improvement
$66,133
Land market value
$220,000
Improvement market value
$66,133
Total market value
$286,133
Applied tax rate
2.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
1,363 SF
Lot
11 ac (479,160 SF)
Zoning code
ES1
APN
43450.00040.00000
UPID
US82-6758362
Jurisdiction
ECTOR
Zoning & alternative use
ES1 · Odessa, TX
Zoning ES1 · permitted uses
ES1 · 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
1972
Heating
NONE
Stories
1
Lot
11 ac
Current owner
From public records · entity-resolved
Crumrine B J Lynn
Individual
Free & Clear · 18 yrs held
Mailing address
430 US HWY 180TH W, SEMINOLE, TX 79360-5813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2008
$66,000
Crumrine B J Lynn
Donk Terry K
Trustees Deed
related
—
Dec 14, 2007
—
Dixie L Jeter
Crumrine,b J & S Lynn
Warranty Deed
related
$66,000 · B J & S Lynn Crumrine
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16500 Interstate 20?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
