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Flex Industrial Property With Shops
For Sale
$450,000

1606 S Regal Place, Odessa, TX 79763

Commercial Sale, Odessa, TX

Property Size10,100 SF
Lot Size0.52 Acres
Price / SF$44.55
Days on Market204

Property Features for 1606 S Regal Place

General Information

Property type Residential
Property subtype Office
Fencing Fenced
Lot features Corner Lot
Subdivision Ebony
Standard status Active
APN 34060.00110.00000
Size 10,100 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Annual Amount 6840

Building Details

Year built 1981
Roof type Metal
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd · License #9004023
Added: Feb 3 Changed: Aug 20 Last Checked: Aug 26 at 11:06AM
MLS# 166090

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 flex property combines office functions with two dedicated shop areas across 10,100 square feet. The office component includes an open reception area, executive office, additional office and breakroom, storage, bathroom, and kitchenette. A metal roof and fenced site add to the existing physical improvements.

The 0.523-acre property includes an 80' x 40' shop measuring 3,200 square feet, equipped with three 14' x 10' overhead doors and a restroom. A second U-shaped shop contains 6,900 square feet, one 10' x 10' overhead door, one 10' x 12' overhead door, and a forklift ramp. Single-phase power serves the property, which is located at 1606 S Regal Place in Odessa, Texas.

Key Highlights

  • 10,100 SF industrial property on 0.523 acres
  • Office area includes reception, executive office, additional office/breakroom, storage, bathroom, and kitchenette
  • 3,200 SF shop measures 80' x 40' and has (3) 14' x 10' OHDs plus a restroom

Property Analytics

Current Use

Flex space

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79763, TX

39,767
Population
15,063
Households
2.6
Avg Household Size
33
Median Age
9%
College-Educated
70%
High-School Grad
50.4 sq mi
ZIP Area
789
Density / Sq Mi
$57,618
Median Household Income
$45,267
Median Earnings
$1,097
Median Rent
$127,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop areas are configured for light manufacturing uses.
Where is this flex space located?
The property is located at 1606 S Regal Place Odessa, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10,100 SF industrial property on 0.523 acres; Office area includes reception, executive office, additional office/breakroom, storage, bathroom, and kitchenette; 3,200 SF shop measures 80' x 40' and has (3) 14' x 10' OHDs plus a restroom
More about this property
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