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    Property profile & analytics

    5900 Interstate 20 Odessa, TX 79766-8861

    • Gas stations
    • 6,229 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimations
    $865,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9258902
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PJ Fresh Marketplace / Food Market / Grocery & Convenience Store

    Property Details for 5900 Interstate 20

    Year built
    2013
    Lot size
    10.00 lot acres
    Property size
    6,229 SF
    Zone code
    ES2
    Property type
    Gas stations
    APN
    24350.00010.00000
    APU
    243500001000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      SERVICE STATION (FULL SERVICE)
      $960,000
      Current use
      OFFICE BUILDING
      $1,070,000
      Change: +11% Conversion: Difficult
      RESTAURANT
      $905,000
      Change: -6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $790,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.303
    Latitude
    31.8643
    CBSA code
    36220
    CBSA name
    ODESSA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $96,349
    $1,572,516
    $4,717,231
    $6,289,747
    -
    $1,572,516
    $4,717,231
    $6,289,747

    Comparable in this City

    • Value Estimation
      $1,235,000
      9,754 SF

      1901 Interstate 20

      GAS STATION • 9,754 SF
      1901 Interstate 20, Odessa, TX 79766-9116
      View Details
    • Value Estimation by Request
      1,540 SF

      1700 Grant Ave

      SERVICE STATION (FULL SERVICE) • 1,540 SF
      1700 Grant Ave, Odessa, TX 79766-8823
      View Details
    • Value Estimation
      $1,485,000
      11,500 SF

      Meteor Crater Rd

      GAS STATION • 11,500 SF
      Meteor Crater Rd, Odessa, TX 79766
      View Details
    • Value Estimation by Request
      1,200 SF

      2989 County W Rd

      SERVICE STATION (FULL SERVICE) • 1,200 SF
      2989 County W Rd, Odessa, TX 79766-2523
      View Details
    • Value Estimation by Request
      2,818 SF

      10503 Hwy 385

      CONVENIENCE STORE • 2,818 SF
      10503 Hwy 385, Odessa, TX 79766
      View Details
    • Value Estimation
      $510,000
      3,000 SF

      County W Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,000 SF
      County W Rd, Odessa, TX 79766
      View Details

    Similar Nearby for Sale

    • $7,000,000
      100,309 SF

      Grandview Avenue Retail Portfolio

      Prime Odessa, TX retail complex, 20 acres.
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    • $419,000
      2,818 SF

      Odessa Commercial Property with RV

      Commercial property with retail space, shop, and RV hookups.
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    • $60,000
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      Land For Sale, Odessa, TX

      One acre of land available in Odessa, Texas.
      W Wind Ave, Odessa, TX 79766
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    • $49,000
      1.00 Acre

      One Acre Lot in Odessa

      One-acre residential lots available in South Odessa, Texas.
      4440 W Blue Waters St, Odessa, TX 79766
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    • $799,900
      2,500 SF

      Odessa Commercial Property For Sale

      Commercial property in Odessa, TX, ideal for business owners/investors.
      3130 W Eben Rd, Odessa, TX 79766
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    • $1,000,000
      40.00 Acres

      40 Acres of Land, Odessa

      Unrestricted 40-acre parcel with development potential in Odessa, Texas.
      Loop 338, Odessa, TX 79766
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      100,309 SF

      Odessa Retail Portfolio: 20 Acres

      Prime Odessa retail space, 13 buildings, rail access.
      2500 Grandview Ave, Odessa, TX 79766
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    • $14,850 /Mo
      12,999 SF

      Odessa Industrial Property with Cranes

      12,999 SF industrial space with cranes for lease.
      2690 S County Rd W, Odessa, TX 79766
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    • Contact for pricing
      241,322 SF

      West Odessa RV Park Investment

      5.54-Acre RV Park Near I-20
      0 Tbd Interstate 20, Odessa, TX 79766
      View Details
    • Contact for pricing
      7,300 SF

      Industrial Building with Residential House

      Industrial office/warehouse and residential house on 6.02 acres.
      17411 Fm 1787, Odessa, TX 79766
      View Details
    • $14 SF/Yr
      11,927 SF

      Flex Space with Fenced Lot

      Flex space featuring office, shop, and fenced lot.
      2585 W Interstate 20, Odessa, TX 79766
      View Details
    • $21 SF/Yr
      16,840 SF

      Odessa Industrial Property: ±16,840 SF

      ±10.91-acre warehouse/office in Odessa, TX
      3101 Air Products Blvd, Odessa, TX 79766
      View Details
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    5900 Interstate 20
    Odessa, TX 79766-8861
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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