Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3501 Golder Ave Odessa, TX 79764

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3501 Golder Ave Odessa, TX 79764

    View on Map
    • Office properties & Spaces
    • 8,900 SF
    • 1.80 lot acres
    Off-Market
    Property ID
    US82-2954131
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Gathering Church - Odessa Campus / Church

    Property Details for 3501 Golder Ave

    Year built
    1960
    Lot size
    1.80 lot acres
    Property size
    8,900 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 8,900 square foot office building presents a remarkable investment opportunity in Odessa, Texas. Situated on a substantial 1.8-acre lot, this property offers significant potential for a variety of uses. The expansive interior provides ample space for numerous configurations, making it ideal for a wide range of businesses or organizations. Its current state allows for significant customization to suit the needs of a new owner. The property's location in Odessa offers easy access to major transportation routes and a thriving local economy. The large lot size provides ample room for expansion, additional parking, or outdoor amenities. This is a rare opportunity to acquire a substantial commercial property in a dynamic market. The building's versatility makes it suitable for a diverse range of uses, from traditional office space to specialized facilities. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price reflects the significant potential and value inherent in this substantial commercial property. Don't miss this chance to secure a prime piece of Odessa real estate. Contact us to schedule a private showing and discover the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3914
    Latitude
    31.87343

    Comparable in this City

    • $565,990
      4,086 SF

      Prime Odessa Office Building

      Spacious Office, High Traffic Area
      1221 University Blvd, Odessa, TX 79764
      View Details
    • $1,850,000
      7,500 SF

      Spacious Office and Mechanic Shop

      Furnished office with mechanic shop, camp, and large parking.
      3670 N Moss Ave, Odessa, TX 79764
      View Details
    • $1,400,000
      12,450 SF

      Odessa Office/Warehouse on 3.5 Acres

      12,450 sq. ft. office/warehouse on 3.5 acres.
      5800 N Moss Ave, Odessa, TX 79764
      View Details
    • Contact for pricing
      10,505 SF

      Odessa Flex Space on University

      10,505 SF flex space on 1.41 acres.
      9054 W University Blvd, Odessa, TX 79764
      View Details
    • $2,772,880
      12,604 SF

      Spacious Office with Residential Apartment

      12,604 SF office with 3-bedroom apartment and covered parking.
      4313 N County Rd W, Odessa, TX 79764
      View Details
    • $855,000
      9,000 SF

      Odessa Industrial Facility with Cranes

      9,000 SF industrial facility with cranes and ample yard.
      2119 W 44Th St, Odessa, TX 79764
      View Details

    Similar Nearby for Sale

    • $565,990
      4,086 SF

      Prime Odessa Office Building

      Spacious Office, High Traffic Area
      1221 University Blvd, Odessa, TX 79764
      View Details
    • $700,000
      5,000 SF

      Versatile Commercial Property in Odessa, TX

      Commercial property with office space, storage, and a 3-bay shop.
      1135 W 42Nd St, Odessa, TX 79764
      View Details
    • $2,990,000
      38,465 SF

      Renovated Warehouse with Showroom, Offices

      Renovated warehouse with showroom, offices, and secured parking.
      2400 Steven Rd, Odessa, TX 79764
      View Details
    • $1,400,000
      12,450 SF

      Odessa Office/Warehouse on 3.5 Acres

      12,450 sq ft office/warehouse on 3.5 acres in Odessa.
      5800 N Moss Ave, Odessa, TX 79764
      View Details
    • $1,850,000
      7,500 SF

      Furnished Office and Mechanic Shop

      Spacious furnished office with mechanic shop and living quarters.
      3670 N Moss Ave, Odessa, TX 79764
      View Details
    • $1,850,000
      7,500 SF

      Spacious Office and Mechanic Shop

      Furnished office with mechanic shop, camp, and large parking.
      3670 N Moss Ave, Odessa, TX 79764
      View Details

    Similar Nearby for Lease

    • $13,000 /Mo
      10,100 SF

      Odessa Commercial Flex Space

      Commercial lease with office and shop space in Odessa, TX.
      2107 W 83Rd St, Odessa, TX 79764
      View Details
    • $5,500 /Mo
      5,000 SF

      Versatile Commercial Space in Odessa

      Office and shop space with ample parking in prime location.
      Odessa, TX 79764
      View Details
    • Contact for pricing

      Renovated Warehouse with High Ceilings

      52,810 SF warehouse with remodeled office space for lease.
      8800 Tx-338 Loop, Odessa, TX 79764
      View Details
    • Contact for pricing

      Odessa Flex Space For Rent

      10,505 SF flex space on 1.41 acres available for rent.
      9054 W University Blvd, Odessa, TX 79764
      View Details
    • $2,366 /Mo
      650 SF

      Office Space in Odessa, TX

      Office units available for lease in Odessa, Texas.
      10700 W 42Nd St, Odessa, TX 79764
      View Details
    • Contact for pricing

      Odessa Industrial Facility with Cranes

      Industrial warehouse with cranes and yard for lease in Odessa.
      4519 Brazos Ave, Odessa, TX 79764
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3501 Golder Ave
    Odessa, TX 79764
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!