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    FOR SALE
    Showrooms

    2201 E 8Th St, Odessa, TX 79761

    3,150 SF 0.72 ac lot Built 1962
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US82-2626708
    Property summary
    AI-generated overview

    This exceptional 3,150 square foot executive office building, situated on a sizable 0.72-acre corner lot in Odessa, Texas, presents a compelling investment opportunity. Built in 1967, the single-story structure boasts ample covered and asphalt parking, catering to both employees and clients. The interior features numerous rooms, each equipped with windows, providing excellent natural light and a pleasant work environment. A dedicated conference room facilitates efficient meetings and collaborations. Adding to its versatility, a rear garage offers potential for vehicle maintenance, a workshop, or additional storage space, accessible via two bay doors. The property is serviced by city water and sewer. Its strategic location ensures high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $770,000, translating to $209.52 per square foot and $916,666.67 per acre. A 5-year NNN lease is available. This property's diverse functionality and prime location make it an attractive investment for discerning buyers seeking a strong return. The building's adaptable layout is well-suited for various uses, including car dealerships, salons, multi-stylist hair salons, or office spaces requiring a conference room. The ample parking and convenient access points further enhance its appeal. This is a rare opportunity to acquire a well-maintained commercial property in a thriving Texas market.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1962
    Total area 3,150 SF
    Lot 0.72 ac (31,494 SF)
    Zoning code EE3
    APN 21800.00365.00000
    UPID US82-2626708
    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
    • Blue Whale Hand Car Wash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $610k
    Comparable Approach Comparable
    $545k
    Blend (final) Blend
    $580k
    Owner & transaction history
    Uncle John Holdings LLC · 3 yrs held
    Uncle John Holdings LLC
    since 2023
    5 recorded transactions
    2023
    2019
    1969
    1969
    1969
    Zoning & alternative use
    EE3 · Odessa, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $530,000 +52.5%
    Auto repair, garage $390,000 +11.9%
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    More about this property
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