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Property profile & analytics
OFF-MARKET
Office buildings
2407 Market St Odessa, TX 79766-9701
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3515484
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
1,000 SF
Lot
0.73 ac (31,677 SF)
Zoning code
ES2
APN
07520.00720.00000
UPID
US82-3515484
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
-
Regen Diesel Repair, LLC Auto Repair Shop
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
Re Pool III LLC · 10 yrs held
Re Pool III LLC
since 2015
5 recorded transactions
Zoning & alternative use
ES2 · 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
$3,212
Tax year 2023
Assessed value
$152,372
Assessed 2023
Previous assessed
$152,372
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$27,877
Assessed improvement
$124,495
Land market value
$27,877
Improvement market value
$124,495
Total market value
$152,372
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
2
Stories
1
Total area
1,000 SF
Lot
0.73 ac (31,677 SF)
Zoning code
ES2
APN
07520.00720.00000
UPID
US82-3515484
Jurisdiction
ECTOR
Zoning & alternative use
ES2 · Odessa, TX
Zoning ES2 · permitted uses
ES2 · 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
1985
Heating
NONE
Stories
1
Buildings
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Re Pool III LLC
Entity
Free & Clear · 10 yrs held
Mailing address
25528 GENESEE TRL RD, GOLDEN, CO 80401-9366
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2015
—
Re Pool III LLC
Sticks & Stones LLC
Grant Deed
related
—
Jul 17, 2013
—
Sticks & Stones LLC
Echols Holdings LLC
Warranty Deed
related
—
Jul 5, 2011
—
Echols Holdings LLC
Terman Leasing & Rental LLC
Grant Deed
related
—
Oct 8, 2008
—
Terman Leasing & Rental LLC
Brooker,l G
Warranty Deed
related
—
—
—
Sticks & Stones LLC
—
Deed Of Trust
related
$450,000 · Rolling Hills Bank & Trust
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.
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