Industrial Flex Facility with
For Sale
$1,995,000
1551 Laredo Dr, Odessa, TX 79761
Commercial Sale, Odessa, TX
Property Size22,095 SF
Lot Size6.78 Acres
Price / SF$90.29
Days on Market127
Property Features for 1551 Laredo Dr
General Information
Property type
Residential
Property subtype
Office
Fencing
Fenced
Subdivision
EE2
Standard status
Active
APN
14640.00010.00000
Size
22,095 SF
Lot size
6.78 Acres
Taxes and HOA fees
Tax Annual Amount
18430
Building Details
Year built
1980
Listing Agency:
NRG Realty Group, LLC
(432) 363-4777
Listed By:
Justin Dodd · License #9004023
(432) 363-4777
Added: Apr 22
Changed: Aug 20
Last Checked: Aug 26 at 9:06AM
MLS# 173983
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 22,095-square-foot flex facility includes two buildings configured for office, shop, warehouse, and service operations. The east building, constructed in 1980 and renovated, contains 1,923 square feet of office space, a 244-square-foot shop office, a 9,044-square-foot warehouse, and a 950-square-foot covered wash-bay. Its improvements include heavy power, heaters, utility lines for air, water, lubricants, and propane, two cranes rated at 15 and 10 tons, 20-foot eaves, and five overhead doors ranging from 14' x 16' to 16' x 18'.
The second building was completed in 2016 and provides additional shop and office areas, a restroom, heavy power, 20-foot eaves, a 15-ton crane, and three 21' x 18' overhead doors. The property occupies 6.78 acres and includes a fenced, stabilized yard with room for storage or expansion.
The second building was completed in 2016 and provides additional shop and office areas, a restroom, heavy power, 20-foot eaves, a 15-ton crane, and three 21' x 18' overhead doors. The property occupies 6.78 acres and includes a fenced, stabilized yard with room for storage or expansion.
Key Highlights
- 22,095‑square‑foot flex facility on 6.78 acres
- East building includes 1,923 SF office, 9,044 SF warehouse, and 950 SF covered wash‑bay
- Heavy power, heaters, and lines for air, water, lubricants, and propane
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79761, TX
30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building flex property with heavy power, crane service, shop areas, and a fenced yard for storage or expansion.
Where is this flex space located?
The property is located at 1551 Laredo Dr Odessa, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 22,095‑square‑foot flex facility on 6.78 acres; East building includes 1,923 SF office, 9,044 SF warehouse, and 950 SF covered wash‑bay; Heavy power, heaters, and lines for air, water, lubricants, and propane
