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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Car washes
3005 Kermit Hwy Odessa, TX 79764-7306
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9806858
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2013
Total area
4,536 SF
Lot
1.36 ac (59,198 SF)
Zoning code
EB2
APN
16500.00192.00000
UPID
US82-9806858
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
-
Dunno Car Wash
-
Mighty Wash #2 of Odessa Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$590k
Owner & transaction history
Store Master Funding Xxxv LLC · 1 yrs held
Store Master Funding Xxxv LLC
since 2024
7 recorded transactions
Zoning & alternative use
EB2 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$655,000
+17.2%
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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$560,000
Current use
COMMERCIAL (GENERAL)
$655,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$540,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$130 / 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
Tax billed
$21,482
Tax year 2023
Assessed value
$1,018,961
Assessed 2023
Previous assessed
$1,018,961
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$251,592
Assessed improvement
$767,369
Land market value
$251,592
Improvement market value
$767,369
Total market value
$1,018,961
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
2
Total area
4,536 SF
Lot
1.36 ac (59,198 SF)
Zoning code
EB2
APN
16500.00192.00000
UPID
US82-9806858
Jurisdiction
ECTOR
Zoning & alternative use
EB2 · Odessa, TXZoning EB2 · permitted uses
EB2 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$655,000
RETAIL STORES
Est. value
$540,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2013
Heating
NONE
Buildings
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Store Master Funding Xxxv LLC
Entity
Mailing address
6520 UNIVERSITY AVE SPC #3, LUBBOCK, TX 79413-5811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
—
Store Master Funding Xxxv LLC
Mightywash Properties LLC
Special Warranty Deed
$3,875,304 · Citibank NA
Dec 23, 2019
—
Mightywash Properties LLC
—
Grant Deed
related
$16,340,000 · Centennial Bk
Feb 4, 2019
—
Mightywash Properties LLC
—
Deed
related
$500,000 · Aimbank
Mar 5, 2018
—
Mightywash Properties LLC
—
Deed
related
$465,051 · Aimbank
Jan 12, 2017
—
Mightywash Properties LLC
—
Deed
related
$500,000 · Aimbank
Nov 12, 2015
—
Mightywash Properties LLC
—
Trustees Deed
related
$500,000 · Aimbank
Jan 17, 2013
—
Mightywash Properties LLC
Obbco Ranch Corporation
Venders Lien
$1,194,312 · Commercial State Bank (andrews Tx)
—
—
Mightywash Properties LLC
—
Loan Modification
related
$500,000 · Aimbank
—
—
Mightywash Properties LLC
—
Deed Of Trust
related
$1,072,824 · Aimbank
—
—
Mightywash Properties LLC
—
Deed Of Trust
related
$656,452 · Aimbank
—
—
Mightywash Properties LLC
—
Loan Modification
related
$500,000 · Aimbank
—
—
Mightywash Properties LLC
—
Loan Modification
related
$465,051 · Aimbank
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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