1622 2ndOdessa, TX 79763

  • Office properties
  • 1,595 SF
For Lease
$13.91/SF/YR View listing

Property Details for 1622 2nd

Year built
1965
Lot size
2.07 AC
Property size (Sq ft)
1,595 SF
Zone code
EB6
Property type
Office properties
Property subtype
Office buildings
APN
28400.02175.00000
APU
284000217500000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $236,632
    6.5%
    $218,430
    7%
    $202,828
  • Comparable approach

    Method
    Valuation
    Relative Method
    $142,300
    Geo Method
    $362,496
  • Alternative Use

    Use
    Valuation
    Residential
    $270,853
    Hospitality
    $248,100
    Educational
    $206,416
    Medical
    $213,515
    Retail
    $321,092
1622 2nd, Odessa, Texas

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.8378
Longitude
-102.384
CBSA code
36220
CBSA name
ODESSA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $311,288
  • Assessed land value
    $95,400
  • Assessed value
    $406,688
  • Tax year
    2023
  • Tax bill
    $8,574

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