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Property profile & analytics
OFF-MARKET
Estimated value
$4,120,000
Retail space
3915 42nd St Odessa, TX 79762-5939
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4243296
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
28,008 SF
Lot
3.81 ac (165,964 SF)
Zoning code
ED3
APN
36800.01549.05000
UPID
US82-4243296
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
-
Primo Water Exchange Big Box & Wholesale Store
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Office Depot Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
-
FedEx ShipSite Postal Service Courier Service
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.80M
Comparable Approach
Comparable
$3.44M
Blend (final)
Blend
$4.12M
Owner & transaction history
Brixmor Winwood Town Center Ll · 13 yrs held
Brixmor Winwood Town Center Ll
since 2013
3 recorded transactions
Zoning & alternative use
ED3 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.4M
+187.3%
Restaurant
$3.8M
+72.1%
Auto repair, garage
$3.5M
+55.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,200,000
6.5%
$4,800,000
7%
$4,460,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,390,000
Change: +187% · Conversion: Easy
RESTAURANT
$3,830,000
Change: +72% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,460,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,265,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$4.12M
Range $3.71M – $4.53M · ±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
$147 / 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
$96,768
Tax year 2023
Assessed value
$4,590,088
Assessed 2023
Previous assessed
$4,590,088
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$924,419
Assessed improvement
$3,665,669
Land market value
$924,419
Improvement market value
$3,665,669
Total market value
$4,590,088
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
2
Stories
1
Total area
28,008 SF
Lot
3.81 ac (165,964 SF)
Zoning code
ED3
APN
36800.01549.05000
UPID
US82-4243296
Jurisdiction
ECTOR
Zoning & alternative use
ED3 · Odessa, TX
Zoning ED3 · permitted uses
ED3 · 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
OFFICE BUILDING
Est. value
$6.4M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1996
Heating
NONE
Stories
1
Buildings
2
Lot
3.81 ac
Current owner
From public records · entity-resolved
Brixmor Winwood Town Center Ll
Individual
Free & Clear · 13 yrs held
Mailing address
4500 BISSONNET ST STE #200, BELLAIRE, TX 77401-3113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2013
—
Brixmor Winwood Town Center Ll
Ca New Plan Texas Assets LP
Warranty Deed
related
—
Jul 11, 2011
—
Ca New Plan Texas Assets LP
—
Loan Modification
related
$13,550,000 · Nationwide Life Insurance Co
Nov 8, 2006
—
Ca New Plan Texas Assets
Owner Name Unavailable
Grant Deed
related
—
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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