Property profile

500 2nd St Odessa, TX 79761

OFF-MARKET
Showrooms
Property ID
US82-2313885
42,000 SF 0.96 ac lot Built 1957
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1957
Total area 42,000 SF
Lot 0.96 ac (42,001 SF)
Zoning code EE1
APN 22000.00060.00000
UPID US82-2313885

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization
  • Charitable Organization
  • Hardware & Home Improvement Interior Design

Location

500 2nd St Odessa, TX 79761-5445
Odessa metro Census 3100 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.90M
Blend (final) Blend
$4.24M

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

EE1 · Odessa, TX
Top alternative use upside
Restaurant $5.4M +17.0%
Auto repair, garage $5.2M +11.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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