Property profile

Fm 866 Odessa, TX 79763

OFF-MARKET
Commercial real estate
Property ID
US83-1155943
5,040 SF 2 ac lot Built 2021
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2021
Total area 5,040 SF
Lot 2 ac (87,120 SF)
Zoning code ES1
APN 09250.00025.00000
UPID US83-1155943

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fm 866 Odessa, TX 79763
Odessa metro ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$330k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2020
Price N/A

Zoning & alternative use

ES1 · Odessa, TX
Top alternative use upside
Office building $1.2M +84.1%
Restaurant $730,000 +9.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Fm 866?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message