Technical
Financial
Distress signals
Property profile

2604 E 8Th St Odessa, TX 79761

FOR SALE
Office buildings
Property ID
US82-3097039
1,000 SF 1.04 ac lot Built 2001
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,875-square-foot storefront retail building presents a compelling investment opportunity in Odessa, Texas. Located at 2604 E 8th St, this property boasts a prime location on a 1.04-acre lot, offering significant visibility and accessibility. Currently leased to Enterprise Rent-A-Car, the building provides a stable income stream. The property features 270 feet of frontage along East 8th Street, a major thoroughfare with an average daily traffic count of 18,225 vehicles (2023 data). Its strategic position near the intersection of Highway 80 ensures high traffic volume and excellent exposure. The building, constructed in 2001, is a single-story structure. The lot is paved and fenced, providing ample space and security. City utilities (water and sewer), along with police and fire protection, are readily available. This property offers a blend of convenience, visibility, and strong potential for long-term value, making it an ideal addition to any investment portfolio. The building includes 1,000 square feet of office space and 875 square feet of warehouse space. Asking price is $720,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Total area 1,000 SF
Lot 1.04 ac (45,302 SF)
Zoning code EE3
APN 06100.00032.00000
UPID US82-3097039

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
  • Car Rental Facility
  • Car Rental Facility

Location

2604 E 8Th St Odessa, TX 79761
Odessa metro Census 1700 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

EE3 · 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message