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Property profile & analytics
OFF-MARKET
Retail space
2636 Kermit Hwy Odessa, TX 79763-2543
Individually Owned
1-yr Hold
Free & Clear
Property ID
US83-2910906
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
410 SF
Lot
0.26 ac (11,151 SF)
Zoning code
EB4
APN
04800.00170.00000
UPID
US83-2910906
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
-
Frank’s Barbecue Restaurant
-
Western Union Bank Credit Union
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
John Paul Soto · 1 yrs held
John Paul Soto
since 2025
7 recorded transactions
Zoning & alternative use
EB4 · 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
$1,491
Tax year 2023
Assessed value
$70,733
Assessed 2023
Previous assessed
$70,733
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$23,752
Assessed improvement
$46,981
Land market value
$23,752
Improvement market value
$46,981
Total market value
$70,733
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
2
Stories
1
Total area
410 SF
Lot
0.26 ac (11,151 SF)
Zoning code
EB4
APN
04800.00170.00000
UPID
US83-2910906
Jurisdiction
ECTOR
Zoning & alternative use
EB4 · Odessa, TXZoning EB4 · permitted uses
EB4 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Buildings
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
John Paul Soto
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 94103, LUBBOCK, TX 79493-4103
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2025
—
Maria D Anjeles Beltran Levario
—
Deed
related
$34,000 · City Bank
Feb 19, 2025
—
John Paul Soto
Edward F Krahmer
Warranty Deed
—
Jun 3, 2008
—
Smokin Js LLC
Intra-mountain Finl Ctrs INC
Grant Deed
related
—
—
—
Smokin Js
—
Loan Modification
related
$57,263 · Plains Capital Bank
—
—
Smokin Js
—
Loan Modification
related
$60,000 · Plains Capital Bank
—
—
Smokin Js
—
Loan Modification
related
$75,000 · Plains Capital Bank
—
—
Smokin Js
—
Loan Modification
related
$75,000 · Plains Capital Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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