6477 University Blvd Odessa, TX 79763
This exceptional 1.25-acre commercial property in Odessa, Texas, presents a unique investment opportunity. Currently configured as an auto shop, the property offers significant versatility for various retail or light commercial uses. The main building boasts approximately 5,136 square feet, including roughly 1,308 square feet of office space. A second, 800-square-foot building, originally intended for oil changes, remains unused and offers additional potential. Three structures in total are included in the sale, along with a mobile home and a small "man cave" structure, all situated on a high-traffic section of West University Boulevard. The property sits on a 5,936 square foot lot, with a total asking price of $500,000 ($84.23 per square foot). Built in 1968, the property is zoned for commercial use. The seller is open to owner financing for a qualified buyer. This prime location and flexible space make this an ideal investment for entrepreneurs seeking a high-visibility presence in a thriving market. The property's existing structures provide immediate usability, while the ample land allows for future expansion or redevelopment. This is a rare opportunity to acquire a substantial commercial property in a desirable location.
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Exhaust Sounds Auto Repair Shop
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Lion Airlines Travel Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.