For Sale
Property summary
This exceptional investment opportunity presents a stabilized, multi-tenant shopping center totaling 20,803 square feet, situated on a 2.49-acre lot at 4060 Faudree Rd, Odessa, TX 79765. Built in 2016, this single-story building boasts 100% occupancy across nine tenants, providing immediate and consistent cash flow. The property benefits from built-in annual rental escalations and offers significant long-term upside potential through rental appreciation. Located on a primary Odessa artery… (TX 588), the center enjoys high visibility with a pylon sign and benefits from daily traffic exceeding 18,000 cars. Its strategic location adjacent to Odessa Country Club Pines Course and affluent neighborhoods ensures a strong, stable tenant base. The diverse tenant mix features service-oriented, internet-resistant businesses, catering to the rapidly expanding residential trade area. Projected population growth within a three-mile radius exceeds 22% over the next five years, and 31% within one mile. The property's proximity to over 2,580 multifamily units and 820 hotel rooms within a one-mile radius, coupled with Odessa's thriving economy (oil and gas, manufacturing, solar energy, and aerospace), creates a robust demand for services. This value-add opportunity allows a future owner to capitalize on the high demand and improve the tenant mix or capture improving market rents, as two-thirds of current tenants have no remaining options. The property's high parapet walls and convenient access to Hwy 191 and Interstate 20 further enhance its appeal. Purchase this asset well below replacement cost and benefit from a strong employment hub with a daytime population of 56,000 within a five-mile radius.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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