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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Outlet malls
5181 42nd St Odessa, TX 79762-5207
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US83-3555780
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1997
Total area
104,831 SF
Lot
10 ac (435,600 SF)
Zoning code
EF1
APN
08640.00010.00000
UPID
US83-3555780
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
-
Tool Rental Center at The Home Depot (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Compact Power Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
The Home Depot Building Supply Hardware & Home Improvement
-
Garden Center at The Home Depot Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
Cole Of Phoenix Az LLC · 13 yrs held
Cole Of Phoenix Az LLC
since 2013
4 recorded transactions
Zoning & alternative use
EF1 · 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
$35 / 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
$146,041
Tax year 2023
Assessed value
$6,927,313
Assessed 2023
Previous assessed
$6,927,313
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$2,426,286
Assessed improvement
$4,501,027
Land market value
$2,426,286
Improvement market value
$4,501,027
Total market value
$6,927,313
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
2
Stories
1
Total area
104,831 SF
Lot
10 ac (435,600 SF)
Zoning code
EF1
APN
08640.00010.00000
UPID
US83-3555780
Jurisdiction
ECTOR
Zoning & alternative use
EF1 · Odessa, TXZoning EF1 · permitted uses
EF1 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Buildings
2
Lot
10 ac
Current owner
From public records · entity-resolved
Cole Of Phoenix Az LLC
Entity
Mailing address
2325 E CAMELBACK RD STE #1100, PHOENIX, AZ 85016-9078
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2013
—
Cole Of Phoenix Az LLC
Cole Hd Odessa Tx LLC
Special Warranty Deed
$79,000,000 · Jpmorgan Chase Bank NA
Jan 11, 2010
—
Cole Hd Odessa Tx LLC
—
Deed Of Trust
related
$100,000,000 · J P Morgan Chase Bank
Apr 20, 2009
—
Home Depot USA INC
Cole Hd Odessa Tx LLC
Grant Deed
related
—
Oct 21, 2008
—
Home Depot USA INC
Credit Suisse Leasing 92a
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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