1941 37Th StOdessa, TX 79762

  • Commercial real estate
  • 5,066 SF
For Sale
$1,000,000 View listing

Property Details for 1941 37Th St

Year built
1985
Lot size
0.39 AC
Property size (Sq ft)
5,066 SF
Zone code
ED5
Property type
Commercial real estate
APN
21230.00120.00000
APU
212300012000000

Description

This exceptional 5,066-square-foot medical office building, situated on a 0.39-acre lot at 1941 E 37th St in Odessa, Texas, presents a compelling investment opportunity. Constructed in 1985, the single-story building boasts 14 individual offices, a dedicated workroom, a spacious lobby, and ample storage. The property also includes 32 paved parking spaces, ensuring convenient access for patients and staff. Its prime location within the North Park Plaza in central Odessa places it in a high-traffic area near 42nd Street, offering excellent visibility and accessibility. The building's proximity to Permian High School, restaurants, retail establishments, and Optimist Park further enhances its appeal. Ideal for a medical office user or a small company seeking a central location with easy access, this property offers a blend of functionality and convenience in a thriving Odessa neighborhood. The asking price is $1,000,000. The property is zoned for medical office use and features private restrooms. This is a rare opportunity to acquire a well-maintained, established medical office building in a desirable location. The zip code is 79762, and the property is located in Ector County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $860,277
    Hospitality
    $788,009
    Educational
    $655,614
    Medical
    $678,162
    Retail
    $1,019,844

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.8867
Longitude
-102.354
CBSA code
36220
CBSA name
ODESSA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,122
$67,777
$507,196
$574,973
-
$67,777
$507,196
$574,973

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