Financial
Distress signals
Property profile

715 W 81St St Odessa, TX 79764

FOR LEASE
Office buildings
Property ID
US82-4733671
3,600 SF 1.29 ac lot Built 1970
Last sale Feb 2018
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional manufacturing facility, located at 715 W. 81st St, Odessa, TX 79764, presents a compelling investment opportunity. The property encompasses a substantial 47,545 square feet of industrial space, spread across five buildings, and sits on a 3.22-acre lot, a significant portion of which is paved asphalt. The asking price is $1,950,000, translating to $41.01 per square foot. The facility boasts impressive heavy power capabilities, including 3-phase 480 power. Furthermore, the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$7k
Tax billed · 2023
Assessed value$424k
Assessed land$26k
Assessed improvement$398k
Effective rate1.62%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k
CAP approach$785k
Submarket $/SF estimate$587k
NOI build-up
Gross scheduled income$4.28M
Vacancy & credit loss−$248k
Operating expenses−$1.21M
NOI · 11,286.42% cap applied$2.82M

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?
11,286.42%
$2.82M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
EA2
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 agency14.5
Restaurant11.6
Storage Facility10.2

Location

715 W 81St St Odessa, TX 79764
County assessor Recorded deeds · 1 transfer Qualifying 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4809 42nd, Odessa, TX 79764-1075 $74,998 Dec 2024 720 SF
3807 County W, Odessa, TX 79764-6412 $900,000 Oct 2024 384 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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