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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Grocery and convenience stores
7528 University Blvd Odessa, TX 79764-8835
Individually Owned
6-yr Hold
Free & Clear
Property ID
US83-3915691
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1982
Total area
71,129 SF
Lot
6.09 ac (265,150 SF)
Zoning code
EW3
APN
34700.00066.00000
UPID
US83-3915691
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
-
Phillips 66 Gas Station
-
Cardtronics C Atm
-
Western Union Bank Credit Union
-
Primo Water Refill Big Box & Wholesale Store
-
Lowe's Family Center #35 Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Lowes Family Ptshp · 6 yrs held
Lowes Family Ptshp
since 2019
2 recorded transactions
Zoning & alternative use
EW3 · 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
$34 / 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
$23,566
Tax year 2023
Assessed value
$1,367,209
Assessed 2023
Previous assessed
$1,367,209
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$100,749
Assessed improvement
$1,266,460
Land market value
$100,749
Improvement market value
$1,266,460
Total market value
$1,367,209
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
71,129 SF
Lot
6.09 ac (265,150 SF)
Zoning code
EW3
APN
34700.00066.00000
UPID
US83-3915691
Jurisdiction
ECTOR
Zoning & alternative use
EW3 · Odessa, TX
Zoning EW3 · permitted uses
EW3 · 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
1982
Heating
NONE
Stories
1
Lot
6.09 ac
Current owner
From public records · entity-resolved
Lowes Family Ptshp
Individual
Free & Clear · 6 yrs held
Mailing address
1804 HALL AVE, LITTLEFIELD, TX 79339-5439
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
—
Lowes Family Ptshp
Pay & Save INC
Grant Deed
related
—
Nov 4, 2008
—
Pay & Save INC
Doelling,claus
Warranty Deed
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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