Last 24 Hours
$1,100,000
1850 N Palomino Ave, Odessa, TX, 79763
On Market
Commercial
— Beds
— Bath
11,200 Sq Ft
$98.21 / sqft
Built in 2026Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.19 acres
Building Information
Year Built1976
Land Information
APN26200.03250.00000
Lot Number11
SubdivisionRanch Acres
Land UseResidential
Legal DescriptionRANCH ACRES BLOCK 23 LOT 11
Census Tract002804
Assessed Land Value$41,440
Assessment Year2025
About this property
New construction to be completed 2026, June 1 is an estimated availability date. 11,200 total sq ft commercial metal building on 2.35 fenced acres. The versatile building of 3,200 sq ft two story office space (1,600 sq ft per floor) and an 8,000 sq ft shop. 5 restrooms. Septic and city water. Ideal for industrial, distribution, or service operations. Call for more information.
Investor Tools
$440,238Estimated Mortgage Balance
$243,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$976
$41,440
2025
$41,440
N/A
$41,440
No
Tax History
Year
Tax Paid
Assessed Value
2024
$976
$41,440
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$72,659
Yes
First
Jun 9, 2009
Jul 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,238
N/A
0%
181%
$2,835/mo
12.4%