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    850 W I-20 Penwell, TX 79776

    For Sale
    $779,000

    Warehouse - Penwell, TX

    Type:Warehouse
    Property size:
    4,000 SF
    Lot size:
    0.29 Acres
    Days on Market:
    207
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 850 W I-20

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Size
    4,000 SF
    Lot size
    0.29 Acres

    Utilities

    Cooling system
    Electric

    Building Details

    Year built
    1999
    Roof type
    Other, See Remarks
    Architectural style
    Other

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

    Listing agent Cassandra Pearce (210) 824-1476

    Listing date May 16, 2025

    MLS# 50063078 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

    Penwell Warehouse with I-20 Frontage

    This warehouse property in Penwell, TX, features frontage on I-20 West, just outside of Odessa. The property includes a shop and office space, a mezzanine, and separate storage buildings. Several access points are available from the I-20 West service road. Rail access is present, though without a spur. The property is suitable for lease or sale, with additional acreage available for lease. The property encompasses 0.29 acres and includes a 4000 square feet living area.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Penwell
    County
    Ector
    State
    Texas
    Longitude
    -102.6071066
    Latitude
    31.7336386

    Nearby Similar for Sale

    • Contact for pricing
      3,472 SF

      Truck Stop on I-20

      Truck stop with store, kitchen, and fuel islands.
      Penwell, TX
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    • $779,000
      4,000 SF

      I-20 West Frontage Commercial Property

      Penwell, TX: Shop, Office, & Storage
      850 I-20, Penwell, TX 79776
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse with shop, office, and storage near I-20.
    Where is this warehouse located?
    The property is located at 850 W I-20 Penwell, TX.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Prime I-20 W Frontage: High visibility and accessibility.; - Shop and Office with Mezzanine: Functional space for various business needs.; - Multiple Access Points off I-20 W Service Rd: Convenient entry and exit.
    (210) 824-1476
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    850 W I-20 Penwell, TX 79776
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    Penwell, TX 79776
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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
    850 W I-20 Penwell, TX 79776
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