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Property profile & analytics
OFF-MARKET
Office Units

3700 Rasco Ave Odessa, TX 79764

Built 1979
Individually Owned 6-yr Hold
Property ID
US82-4309828
Property summary
AI-generated overview

This exceptional commercial property, located at 3700 Rasco Ave in Odessa, Texas, presents a unique opportunity for businesses seeking flexible and adaptable space. Situated in the Pleasant Farms submarket cluster, this single-tenant property offers a generous layout suitable for a variety of uses. The building's classification as a Class B property reflects its solid construction and functional design. Built in 1979, the building is well-maintained and ready for immediate occupancy. The property's versatility is highlighted by its suitability for several business types, including traditional office, distribution, executive office, creative office, manufacturing, and flex space. This makes it an ideal choice for companies needing adaptable space to accommodate evolving business needs. The property does not include elevators. Its strategic location in Odessa provides easy access to major highways, ensuring convenient transportation for employees and clients. The monthly rental rate is $3,000. This property is perfect for businesses looking to establish a strong presence in a thriving commercial area of Odessa. The property type is categorized as Retail, Office, and Industrial.

Property profile
Verified
Property type Office Units
Year built 1979
UPID US82-4309828
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Ronald Altom · 6 yrs held
Ronald Altom
since 2019
2 recorded transactions
2019
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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