Entity Owned 
For Sale
1 / 9
Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 11,223 square-foot Advance Auto Parts building in Odessa, Texas. The property boasts a 9.5-year remaining lease term with four 5-year renewal options, ensuring long-term income stability. The absolute NNN lease structure eliminates landlord responsibilities, making it a truly passive investment. Built in 1988 and situated on a 1.71-acre lot with 63 parking spaces, the property benefits from a prime location at a… signalized intersection of State Highway 450 and North County Road, experiencing high daily traffic volume. The lease includes 7.5% rental increases every five years, providing built-in protection against inflation and steadily growing net operating income (NOI) currently at $128,613, yielding a 5.50% cap rate. The property is zoned HC (Heavy Commercial District) and enjoys a strong retail environment with nearby national tenants such as Walmart, Big Lots, and Walgreens. Its proximity to Odessa College and New Tech Odessa, along with nearby apartment complexes, ensures a robust customer base. The 5-mile trade area boasts over 115,000 residents and 63,000 daytime employees, with an average household income exceeding $74,000. This is a rare opportunity to acquire a well-located, low-maintenance, high-return investment in a tax-free state. The asking price is $2,338,000, or $208.32 per square foot. The property's APN is 136000232700000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Odessa market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
