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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6496 University Blvd Odessa, TX 79764-8570
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-4468334
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1977
Total area
1,550 SF
Lot
0.54 ac (23,522 SF)
Zoning code
EW2
APN
35200.00340.00000
UPID
US82-4468334
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
-
El Rincón de Frida Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Restaurant Investment LLC · 2 yrs held
Restaurant Investment LLC
since 2024
7 recorded transactions
Zoning & alternative use
EW2 · 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
—
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
$947
Tax year 2023
Assessed value
$54,934
Assessed 2023
Previous assessed
$54,934
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$13,643
Assessed improvement
$41,291
Land market value
$13,643
Improvement market value
$41,291
Total market value
$54,934
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
1,550 SF
Lot
0.54 ac (23,522 SF)
Zoning code
EW2
APN
35200.00340.00000
UPID
US82-4468334
Jurisdiction
ECTOR
Zoning & alternative use
EW2 · Odessa, TX
Zoning EW2 · permitted uses
EW2 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odessa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Restaurant Investment LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9301 W LYMAN DR, ODESSA, TX 79764-9647
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
—
Frm LLC
—
Deed
related
$652,775 · City Bank
Feb 22, 2024
—
Restaurant Investment LLC
Flash Custom Homes And Rentals LLC
Warranty Deed
—
Apr 25, 2022
—
Flash Custom Homes And Rentals LLC
Pholkunsovath Chhun
Warranty Deed
—
Oct 31, 2018
—
Premiere Ballroom LLC
—
Deed
related
$550,000 · Branch Bk&tr
Feb 12, 2016
—
Pholkunsovath Chhun
Muy,vuthy
Warranty Deed
related
—
Jan 7, 2014
—
Vuthy Muy
Portillo,polidoro A JR & Evelyn M
Warranty Deed
related
—
May 7, 2012
—
Hernandez,baudilio & Dalma
Polidoro A JR
Warranty Deed
$36,000,000 · First Basin Cu
—
—
T6 Unison Site Management LLC
—
Deed Of Trust
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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