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    490 Loop 338 SE Odessa, TX 79766

    For Lease
    $10,000 /Mo ($15 SF/Yr)

    SINGLE_FAMILY - Odessa, TX

    Type:Office
    Property size:
    7,650 SF
    Lot size:
    10.00 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 490 Loop 338 SE

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    13330.00040.00000
    Fencing
    Gate, Fenced, Chain Link
    Size
    7,650 SF
    Lot size
    10.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well

    Building Details

    Year built
    2014
    Building materials
    Metal Construction, Metal Siding
    Roof type
    Metal

    All City Real Estate (512) 775-3846

    Listing agent Jessica Meraz (432) 349-8182

    Listing date Nov 4, 2025

    Copyright © 2025 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.

    Overview

    Odessa Industrial Property on Loop

    This industrial property is located on Loop 338 near Hwy 385, providing convenient access to I-20. The site includes three separate buildings totaling 7,650 square feet, with 1,000 square feet designated as office space and 6,650 square feet as shop space. Situated on a 10-acre lot, the property features ample yard space, offering visibility and accessibility suitable for trucks and equipment. It is suited for oilfield, service, or construction operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pineda Diesel Truck ... Truck Repair Shop

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.356637
    Latitude
    31.7823267

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    FAQs

    What type of property is this?
    Industrial property - Industrial property with office and shop space on 10 acres.
    Where is this industrial property located?
    The property is located at 490 Loop 338 SE Odessa, TX.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Loop 338 near Hwy 385 with easy access to I-20.; - Three buildings totaling 7,650 SF (1,000 SF office, 6,650 SF shop).; - Large 10-acre site with ample yard space.
    (432) 349-8182
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    490 Loop 338 SE Odessa, TX 79766
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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
    490 Loop 338 SE Odessa, TX 79766
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