Property profile

5901 Golder Ave Odessa, TX 79764

OFF-MARKET
Turn key restaurants
Property ID
US82-4755437
1,088 SF 0.58 ac lot Built 1960
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,748 square foot quick-service restaurant/restaurant property is available for $375,000. Located at 5901 N Golder Ave, Odessa, TX 79764, this single-story building sits on a 0.58-acre lot. Built in 1960 and extensively renovated in 2024, the property is move-in ready with an occupancy date of August 19, 2024. Its prime location on a highly trafficked road offers excellent visibility and accessibility. The property benefits from its proximity to the Ector County Coliseum, ensuring a consistent flow of potential customers. The asking price of $375,000 translates to $214.53 per square foot. Owner financing is available, making this an attractive investment opportunity for qualified buyers. This turnkey operation presents a unique chance to acquire a well-maintained, updated restaurant in a thriving location. The property is ready for immediate operation, eliminating the need for extensive renovations or upgrades. Don't miss this chance to own a successful business in a high-demand area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 1,088 SF
Lot 0.58 ac (25,069 SF)
Zoning code EA5
APN 11300.00640.00000
UPID US82-4755437

Cap rate & NOI

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

Location

5901 Golder Ave Odessa, TX 79764-3546
Odessa metro Census 800 ODESSA, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$180k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2014
Price N/A
2012
Price N/A

Zoning & alternative use

EA5 · Odessa, TX

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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