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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Grocery and convenience stores
6900 Eastridge Rd Odessa, TX 79765-8980
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-5627309
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Total area
6,546 SF
Lot
1.41 ac (61,420 SF)
Zoning code
EF6
APN
16340.00032.00000
UPID
US82-5627309
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
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Kent Kwik Grocery & Convenience Store
-
Western Union Bank Credit Union
-
Chevron Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$920k
Blend (final)
Blend
$925k
Owner & transaction history
Kent Distributors Incorporated · 1 yrs held
Kent Distributors Incorporated
since 2024
7 recorded transactions
Zoning & alternative use
EF6 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+343.5%
Restaurant
$950,000
+194.8%
Auto repair, garage
$810,000
+150.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,430,000
Change: +343% · Conversion: Moderate
RESTAURANT
$950,000
Change: +195% · Conversion: Difficult
AUTO REPAIR, GARAGE
$810,000
Change: +151% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +100% · Conversion: Easy
COMMERCIAL (GENERAL)
$595,000
Change: +84% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
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
$22,717
Tax year 2023
Assessed value
$1,077,543
Assessed 2023
Previous assessed
$1,077,543
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$313,854
Assessed improvement
$763,689
Land market value
$313,854
Improvement market value
$763,689
Total market value
$1,077,543
Applied tax rate
7.0000
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
2013
Heating
NONE
Total area
6,546 SF
Lot
1.41 ac (61,420 SF)
Zoning code
EF6
APN
16340.00032.00000
UPID
US82-5627309
Jurisdiction
ECTOR
Zoning & alternative use
EF6 · Odessa, TX
Zoning EF6 · permitted uses
EF6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$810,000
RETAIL STORES
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$595,000
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Lot
1.41 ac
Current owner
From public records · entity-resolved
Kent Distributors Incorporated
Individual
Mailing address
2408 N BIG SPG ST, MIDLAND, TX 79705-7650
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Kent Distributors Incorporated
Nnn Reit LP
Deed
—
Nov 15, 2024
—
Nnn Reit LP
Kent Distributors Incorporated
Special Warranty Deed
—
Dec 30, 2020
—
Prince Signs LLC
—
Deed
related
$2,009,554 · First Bk
Aug 13, 2019
—
Kent Distributors INC
—
Deed
related
$2,625,000 · Aimbank
Jul 2, 2018
—
Kent Distributors INC
LP Mng II
Trustees Deed
$7,312,365 · Aimbank
Sep 29, 2015
—
Mng II LP
Bmz Partners LLC
Warranty Deed
related
—
—
—
Kent Distributors INC
—
Deed Of Trust
related
$2,625,000 · Aimbank
—
—
Tatum & Shea Ltd
—
Deed Of Trust
related
$1,800,000 · Miscellaneous Ins Co
—
—
Prince Signs LLC
—
Loan Modification
related
$2,009,554 · First Bk
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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