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NNN Industrial Property Under Construction
For Sale
$2,091,768

16697 W Basin St, Odessa, TX 79741

Commercial Sale, Odessa, TX

Property Size18,732 SF
Lot Size4.00 Acres
Price / SF$111.67
Days on Market46

Property Features for 16697 W Basin St

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision Basin Industrial Addition
Standard status Active
Size 18,732 SF
Lot size 4.00 Acres

Taxes and HOA fees

Tax Description LOT 5 BLK 2 BASIN INDUSTRIAL ADDITION
Tax Annual Amount 5000
Legal Description LOT 5 BLK 2 BASIN INDUSTRIAL ADDITION

Building Details

Year built 2025
Listing Agency: New Heights Real Estate
Listed By: Cassandra Pearce · License #TREC#0588281
Added: Jul 22 Changed: Aug 31 Last Checked: Sep 5 at 12:06PM
MLS# 50096960

Copyright © 2026 Permian Basin 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 18,732-square-foot industrial property is under construction on 4 acres in the Basin Industrial Addition. The project carries a 2025 year-built designation and is structured for an NNN transaction.

The property is located at 16697 W Basin St in Odessa, Texas, within Ector County. Water service is provided through a private metered system with 4 GPM capacity, monthly or bimonthly fees, and a holding tank. The combination of site area, building size, and dedicated water infrastructure defines the property’s current commercial configuration.

Key Highlights

  • 18,732‑square‑foot industrial property on 4 acres
  • Under construction with a 2025 year‑built designation
  • Located in Basin Industrial Addition at 16697 W Basin St, Odessa, TX 79741

Property Analytics

Current Use

NNN properties

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 79741, TX

298
Population
97
Households
3.1
Avg Household Size
40
Median Age
26%
College-Educated
85%
High-School Grad
91.0 sq mi
ZIP Area
3
Density / Sq Mi
$89,464
Median Household Income
$67,768
Median Earnings
$1,433
Median Rent
$110,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Under-construction industrial asset with substantial acreage and a private metered water system.
Where is this nnn property located?
The property is located at 16697 W Basin St Odessa, TX.
What is the asking price?
The asking price for this property is $2,091,768.
What are key features of this property?
This property features: 18,732‑square‑foot industrial property on 4 acres; Under construction with a 2025 year‑built designation; Located in Basin Industrial Addition at 16697 W Basin St, Odessa, TX 79741
More about this property
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