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Property profile & analytics
OFF-MARKET
Medical Office Space
700 Dotsy Ave Odessa, TX 79763-4238
Individually Owned
19-yr Hold
Free & Clear
Property ID
US82-3381140
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
4,838 SF
Lot
0.49 ac (21,301 SF)
Zoning code
EB6
APN
30700.00610.00000
UPID
US82-3381140
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
-
Butler Weldon MD Physician
-
Dr. John H. Doran, MD Physician
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
Butler W & K Family Ptshp · 19 yrs held
Butler W & K Family Ptshp
since 2006
4 recorded transactions
Zoning & alternative use
EB6 · 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
$12,093
Tax year 2023
Assessed value
$573,610
Assessed 2023
Previous assessed
$573,610
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$81,579
Assessed improvement
$492,031
Land market value
$81,579
Improvement market value
$492,031
Total market value
$573,610
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
4,838 SF
Lot
0.49 ac (21,301 SF)
Zoning code
EB6
APN
30700.00610.00000
UPID
US82-3381140
Jurisdiction
ECTOR
Zoning & alternative use
EB6 · Odessa, TXZoning EB6 · permitted uses
EB6 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Butler W & K Family Ptshp
Individual
Free & Clear · 19 yrs held
Mailing address
6009 PONDEROSA DR, ODESSA, TX 79762-9434
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2024
—
W&k Butler Family Partnership LP
—
Deed
related
$400,000 · Southwest Bank
Feb 15, 2019
—
W & K Butler Family Ptshp LP
—
Deed
related
$140,000 · Southwest Bk/odessa
Sep 20, 2006
—
Butler W & K Family Ptshp
Owner Name Unavailable
Grant Deed
—
—
—
W & K Butler Family Ptshp LP
—
Deed Of Trust
related
$140,000 · Southwest Bk/odessa
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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