2701 Dixie BlvdOdessa, TX 79762

  • Commercial real estate
  • 4,176 SF
For Sale
$499,000 View listing

Property Details for 2701 Dixie Blvd

Year built
1948
Lot size
0.14 AC
Property size (Sq ft)
4,176 SF
Zone code
ED4
Property type
Commercial real estate
APN
03700.03061.00000
APU
37000306100000

Description

This exceptional 8,726-square-foot vacant storefront presents a remarkable investment opportunity in the heart of Odessa, Texas. Situated on a 0.42-acre lot at the corner of N Dixie Blvd and E University Blvd, this property boasts a large showroom ideal for merchandise display, along with extensive storage space. While the building currently includes approximately 5,200 square feet of dilapidated space, its demolition would create valuable additional parking. The existing usable space offers ample room for various retail ventures. The property also features a robust security system. The asking price is $499,000, translating to $57.19 per square foot. This prime location in Odessa, within Ector County, offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. The property's address is 2701 N Dixie Blvd, Odessa, TX 79762. This is a chance to acquire a substantial retail space with significant potential for redevelopment and increased profitability. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $709,143
    Hospitality
    $649,571
    Educational
    $540,435
    Medical
    $559,022
    Retail
    $840,677

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.8709
Longitude
-102.37
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
$4,301
$15,300
$188,705
$204,005
-
$15,300
$188,705
$204,005

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