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Property profile & analytics
FOR SALE
Retail properties & Spaces

301 W 42Nd St Odessa, TX 79764

2,564 SF 0.4 ac lot Built 1959
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-2300762
301 W 42Nd St, Odessa, TX 79764 For Sale
$199,000 2,564 SF
301 W 42Nd St, Odessa, TX 79764
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Property summary
AI-generated overview

This exceptional 0.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Odessa, Texas. Located at 301 W 42nd Street, this property boasts a highly desirable corner lot position, ensuring maximum visibility and accessibility. The strategic location benefits from exceptionally high-volume traffic, providing unparalleled exposure for any prospective business. Adding to its appeal, the property sits directly across the street from the Ector County Coliseum, guaranteeing a consistent flow of potential customers and significant foot traffic. The asking price for this prime commercial land is $218,000. This represents a compelling investment opportunity for entrepreneurs and developers seeking a well-situated location to establish a new venture or expand an existing business. The 79764 zip code offers easy access to major transportation routes and a vibrant community. This property's ideal location and high visibility make it an exceptional choice for a variety of commercial uses. Don't miss this chance to secure a piece of Odessa's dynamic commercial landscape. The property is zoned for commercial use (verification required).

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1959
Total area 2,564 SF
Lot 0.4 ac (17,498 SF)
Zoning code EB2
APN 21890.00260.00000
UPID US82-2300762
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
  • Forty-Second Auto Sales Car Dealership
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
United Submersible Services · 6 yrs held
United Submersible Services
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
EB2 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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