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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Drive through restaurants
4001 42nd St Odessa, TX 79762-5936
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4455697
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
3,511 SF
Lot
1.09 ac (47,480 SF)
Zoning code
ED3
APN
36805.01307.00000
UPID
US82-4455697
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
-
Galley Jonathan Law Firm
-
Odessa Oil Investments Financial Advisor
-
Carpet & Flooring Installation Pro General Contractor Carpet & Flooring Store
-
UPS Drop box Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$655k
Owner & transaction history
Peach Sky Capital Ltd · 7 yrs held
Peach Sky Capital Ltd
since 2019
7 recorded transactions
Zoning & alternative use
ED3 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$800,000
+66.9%
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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$480,000
Current use
OFFICE BUILDING
$800,000
Change: +67% · Conversion: Moderate
AUTO REPAIR, GARAGE
$435,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$410,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$187 / 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
$28,729
Tax year 2023
Assessed value
$1,362,733
Assessed 2023
Previous assessed
$1,362,733
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$264,466
Assessed improvement
$1,098,267
Land market value
$264,466
Improvement market value
$1,098,267
Total market value
$1,362,733
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
3,511 SF
Lot
1.09 ac (47,480 SF)
Zoning code
ED3
APN
36805.01307.00000
UPID
US82-4455697
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
RESTAURANT Current
Est. value
$480,000
OFFICE BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$410,000
RESTAURANT Current
OFFICE BUILDING
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
2021
Heating
NONE
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Peach Sky Capital Ltd
Entity
Mailing address
6800 BISHOP RD, PLANO, TX 75024-4520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2019
—
Peach Sky Capital Ltd
Mlg Properties INC
Warranty Deed
$6,000,000 · Plainscapital Bk
May 25, 2017
—
Mlg Properties INC
—
Deed
related
$13,141,000 · Security Bank
May 4, 2016
—
M L G Properties INC
—
Deed
related
$3,377,107 · Lone Star St Bk/w Tx
—
—
M L G Properties INC
—
Loan Modification
related
$2,800,000 · Lone Star St Bk/w Tx
—
—
M L G Properties INC
—
Loan Modification
related
$3,377,107 · Lone Star St Bk/w Tx
—
—
M L G Properties INC
—
Loan Modification
related
$2,799,900 · Lone Star St Bk/w Tx
—
—
Mlg Properties INC
—
Loan Modification
related
$2,800,000 · Lone Star 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.
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