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    5261 W Murphy St Odessa, TX 79763

    For Sale
    $5,560,000

    Warehouse - Odessa, TX

    Type:Warehouse
    Property size:
    20,000 SF
    Lot size:
    12.31 Acres
    Days on Market:
    217
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 5261 W Murphy St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Size
    20,000 SF
    Lot size
    12.31 Acres

    Building Details

    Year built
    2025
    Architectural style
    Other

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

    Listing agent Cassandra Pearce (210) 824-1476

    Listing date May 7, 2025

    MLS# 50081147 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

    New Industrial Building with Lease

    This is a new construction industrial building in Odessa, Texas, available for sale with a 7-year investment lease. The property includes high-end two-story offices and a warehouse. It features two 10-ton cranes, a wash bay with a tank that is grated and plumbed, and compressor airlines. The property also includes 12 autobays configured as 6 drive-throughs, restrooms, and a break room/conference room. Additional features include chain-link fencing with an automatic gate and HVAC. The tenant is scheduled to occupy the premises in September 2025, pending certificate of occupancy. The property is situated on 12.308 acres with frontage and access to IH-20. The property is intended for industrial use. The lease provides for a monthly income of $32,000 for the first three years, with a 3% increase each year thereafter.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Department Store Kitchen & Bath Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.42548
    Latitude
    31.815315

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    FAQs

    What type of property is this?
    Warehouse - New construction industrial building for sale with investment lease.
    Where is this warehouse located?
    The property is located at 5261 W Murphy St Odessa, TX.
    What is the asking price?
    The asking price for this property is $5,560,000.
    What are key features of this property?
    This property features: - 7-Year Investment Lease in Place; - New Construction (2025); - High-End 2-Story Offices with Warehouse
    (210) 824-1476
    Request Owner's contact information
    5261 W Murphy St 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
    5261 W Murphy St Odessa, TX 79763
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