New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
400 Grant Ave Odessa, TX 79761-6207
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-1683041
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1982
Total area
2,000 SF
Lot
0.39 ac (16,797 SF)
Zoning code
EB7
APN
29200.00450.00000
UPID
US82-1683041
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Del Concho Properties LLC · 2 yrs held
Del Concho Properties LLC
since 2024
6 recorded transactions
Zoning & alternative use
EB7 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,051
Tax year 2023
Assessed value
$144,737
Assessed 2023
Previous assessed
$144,737
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$21,504
Assessed improvement
$123,233
Land market value
$21,504
Improvement market value
$123,233
Total market value
$144,737
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
2,000 SF
Lot
0.39 ac (16,797 SF)
Zoning code
EB7
APN
29200.00450.00000
UPID
US82-1683041
Jurisdiction
ECTOR
Zoning & alternative use
EB7 · Odessa, TX
Zoning EB7 · permitted uses
EB7 · 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.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Del Concho Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
111 W MURPHY ST, ODESSA, TX 79761-6261
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Del Concho Properties LLC
Rogelio G Ramirez
Warranty Deed
—
Jan 9, 2014
—
Angela C Olvera
Arias,hortencia O
Warranty Deed
related
—
Dec 31, 2013
—
Rogelio G Ramirez
Olvera,angela C
Warranty Deed
$150,000 · Angela C Olvera
Nov 18, 2009
—
Angela Olvera
Pavlicek,rick
Warranty Deed
related
$50,000 · Rick Pavlicek
Feb 19, 2009
—
Rick Pavlicek
Pavlicek Otto
Quit Claim Deed
related
—
—
—
Benjamin Olvera
—
Deed Of Trust
related
$100,000 · Commercial State Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Grant Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
