Financial
Distress signals
Property profile

601 East 42Nd St Odessa, TX 79762

FOR LEASE
Strip malls
View Listing
Property ID
US82-2688476
70,873 SF 6.39 ac lot Built 1965
Last sale Jun 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 100,000 square foot retail center, located in Odessa, Texas, presents a unique investment opportunity. Situated at the prominent corner of 42nd Street and N. Dixie Street in Ector County, this property boasts a prime location with high visibility and accessibility. Recently renovated in 2019, the center offers multiple tenancy options with three spaces currently available, ranging from 1,470 to 3,636 square feet. The property's strong tenant mix includes established

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$99k
Tax billed · 2023
Assessed value$4.68M
Assessed land$1.00M
Assessed improvement$3.68M
Effective rate2.11%

Value estimate

· Sep 2026
$2.32M
$2.08M – $2.55M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ED1
JurisdictionECTOR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.9
Law Firm35.4
Dental Office31.3

Location

601 East 42Nd St Odessa, TX 79762
County assessor Recorded deeds · 6 transfers Comp sales · not on file Zoning catalog

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 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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