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    2503 S Fm 866 Odessa, TX 79763

    For Sale
    $800,000

    Industrial/Commercial - Odessa, TX

    Property size:
    3,480 SF
    Lot size:
    5.51 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 2503 S Fm 866

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,480 SF
    Lot size
    5.51 Acres

    Building Details

    Year built
    2017
    Architectural style
    Other

    RE/MAX New Height Real Estate, LLC (210) 824-1476

    Listing agent Cassandra Pearce (210) 824-1476

    Listing date Oct 10, 2025

    MLS# 50085992 Listing URL

    Copyright © 2025 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.

    Overview

    Odessa Industrial Property with Residences

    This industrial property in Odessa, TX, features a shop and three homes/living spaces, offering potential for various uses. The property includes 300 feet of frontage on Highway FM 866. The site encompasses 5.51 acres and includes 10 RV spots and a water well producing 3 gallons per minute. The property is equipped with single-phase power and four septic systems. The yard is cleared and caliched. Structures include a 30x50 shop providing 1,500 square feet, a 30x30 house providing 900 square feet, a 27x30 house providing 810 square feet, a 29x30 house providing 870 square feet, and a 30x30 garage providing 900 square feet. The total square footage of all structures is 4,980 square feet. The homes also feature kitchens.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.5466261
    Latitude
    31.7810793

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    FAQs

    What type of property is this?
    Industrial property - Industrial shop with residences and RV spots on 5.51 acres.
    Where is this industrial property located?
    The property is located at 2503 S Fm 866 Odessa, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 3 Homes/Living Spaces with Kitchens offer flexible living arrangements.; - Shop (1,500 sqft) - Ideal for hobbies or business.; - 300 ft of HWY FM 866 Frontage provides excellent visibility.
    (210) 824-1476
    Request Owner's contact information
    2503 S Fm 866 Odessa, TX 79763
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    Odessa, TX 79763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2503 S Fm 866 Odessa, TX 79763
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