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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Specialty properties
300 Grant Ave, Odessa, TX 79761-5162
Individually Owned
3-yr Hold
Free & Clear
Property ID
US82-1324097
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1964
Total area
20,270 SF
Lot
2.07 ac (89,995 SF)
Zoning code
EE1
APN
22000.02187.00000
UPID
US82-1324097
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
-
Ector County Judge’s Office County Court
-
Ector County Child Support Social Service Agency Charitable Organization
-
Scott Layh Law Firm
-
Ector County Attorney’s Office County Government Office
-
Ector County Victim Assistance Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$960k
Owner & transaction history
Ic 401k Psp Roth Account · 3 yrs held
Ic 401k Psp Roth Account
since 2022
7 recorded transactions
Zoning & alternative use
EE1 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+78.3%
Neighborhood: shopping center
$1.0M
+18.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$840,000
Current use
MEDICAL BUILDING
$1,500,000
Change: +78% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,000,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
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
Assessed value
$2,964,632
Assessed 2023
Previous assessed
$2,964,632
+0.0% YoY
Assessed land
$399,600
Assessed improvement
$2,565,032
Land market value
$399,600
Improvement market value
$2,565,032
Total market value
$2,964,632
Applied tax rate
8.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
4
Stories
1
Total area
20,270 SF
Lot
2.07 ac (89,995 SF)
Zoning code
EE1
APN
22000.02187.00000
UPID
US82-1324097
Jurisdiction
ECTOR
Zoning & alternative use
EE1 · Odessa, TX
Zoning EE1 · permitted uses
EE1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$840,000
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Buildings
4
Lot
2.07 ac
Current owner
From public records · entity-resolved
Ic 401k Psp Roth Account
Individual
Free & Clear · 3 yrs held
Mailing address
1010 E 8TH ST, ODESSA, TX 79761-4634
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2022
—
Ic 401k Psp Roth Account
Simon Escarsega
Trustees Deed
related
—
Nov 30, 2022
—
Alpha & Omega Contract Sales & Cons
—
Deed
related
$1,336,000 · First Bank & Trust
Nov 23, 2022
—
Alpha & Omega Contract Sales & Cons
—
Deed
related
$2,000,000 · First Bank & Trust
Nov 1, 2022
—
Increase Capital 401k Psp Roth Acco
Elva Graciela Parra Martinez
Trustees Deed
related
—
Aug 2, 2022
$118,000
Increase Cap 401k Profit Sharing Ro
Guadalupe Gonzales JR
Trustees Deed
related
—
Jun 27, 2022
$588,416
John A Ernst
Veronica A Martinez
Foreclosure
related
—
Mar 1, 2022
$25,000
Pierce Liberty Fund LLC
Angelina Marie Rascon
Trustees Deed
related
—
Nov 2, 2021
—
Pierce Liberty Fund LLC
Jose M Galvan
Deed
—
Nov 2, 2021
$48,000
Mitchell Liberty Fund LLC
Gilberto Chaidez Diaz
Trustees Deed
related
—
Nov 2, 2021
$36,613
Pierce Liberty Fund LLC
Gerardo Ornelas
Trustees Deed
related
—
Jan 10, 2018
—
Alpha & Omega Contract Sales
E L Farmer & Co
Grant Deed
$361,250 · Brave National Bk/iraan Texas
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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