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1230 E 8th St
Odessa, TX 79761
Retail Property For Sale
Investment Highlights
- Freestanding retail building located between two hard corner signalized intersections on E 7th Street and E 8th Street
- Surrounded by national retailers including Walgreens, 7-Eleven, Sonic, and United Supermarkets
- Ample surface parking and easy access from major roadways, including East Business Loop 20
- High daily vehicle counts with approximately 31,832 VPD along East 8th Street and 26,100 VPD on Indiana Avenue
- Positioned in a dense trade area with strong residential population and daytime workforce demographics
- Building remains under lease to a discount retailer until November 30, 2029, offering flexibility for future use
Executive Summary
The property is a freestanding retail building on E 8th Street in Odessa, TX. It occupies approximately 1.64 acres and includes an existing structure of roughly 13,225 square feet. The site is positioned near the intersection of E 8th Street and N Dixie Boulevard, with nearby highways including East Business Loop 20. Traffic counts along E 8th Street average over 31,000 vehicles per day. The surrounding area includes multiple retail establishments and service businesses such as grocery stores, convenience retailers, and quick-service restaurants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,225 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.64 AC
Zoning
LC - Light Commercial District
Property Taxes
| Parcel Number | 360000003500000 | Improvements Assessment | $1,359,326 |
| Land Assessment | $208,013 | Total Assessment | $1,567,339 |
Property Taxes
Parcel Number
360000003500000
Land Assessment
$208,013
Improvements Assessment
$1,359,326
Total Assessment
$1,567,339
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