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Days38Days on Market
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$200,000

700 E 8th St, Odessa, TX, 79761

$202,839 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,360 Sq Ft
price_per_sqft$84.75 / sqft
Year BuiltBuilt in 1969

About this property

Position your business for success with this commercial building located on a high-traffic street near the hospital. This well established property is currently configured as office space, making it an excellent fit for medical professionals, attorneys, insurance agencies, or other professional services. With outstanding visibility, easy access, and a location that sees constant daily traffic, this property offers endless potential for owner occupants, or investors. Call today for more info.

Investor Tools

$0Estimated Mortgage Balance
$88,540Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$202,838
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Chaddis Bars

Heritage Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Odessa

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700 E 8th St | Property Details | No Agent List