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    17411 Fm 1787 Odessa, TX 79766

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    For Lease
    $895,000

    Industrial office/warehouse and residential house on 6.02 acres.

    Property size:
    7,300 SF
    Lot size:
    6.62 Acres

    Property Features for 17411 Fm 1787

    General Information

    Size
    7,300 SF
    Lot size
    6.62 Acres

    Source: The Real Estate Ranch Agent Larry Nielsen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Residential House

    This property includes an industrial building and a residential house, totaling 7,300 square feet under roof on 6.02 acres. The 1,000-square-foot office area contains three private offices, one executive corner office, a conference room, a break room, an IT closet, and a restroom. The fully insulated shop measures 3,000 square feet (60' x 50') and features two drive-through bays with four 14'x16' overhead doors, a shop restroom, and a 2,000-square-foot mezzanine (40' x 50') suitable for additional office space. The residential house is 1,300 square feet and includes two rooms, a large living room, a kitchen, and two restrooms (one with a shower). The yard is fully fenced and secured. The property is serviced by a water well and septic system.
    Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.27746
    Latitude
    31.694494

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    FAQs

    What type of property is this?
    Warehouse - Industrial office/warehouse and residential house on 6.02 acres.
    Where is this warehouse located?
    The property is located at 17411 Fm 1787 Odessa, TX.
    What are key features of this property?
    This property features: - Industrial office/warehouse and residential house totaling 7,300 SF on 6.02 acres.; - **6,000 SF industrial building featuring a 3,000 SF shop with (4) 14' x 16' overhead doors forming 2 drive-through bays.**; - Includes a 1,300 SF residential house with 2 bedrooms, living room, and kitchen.
    (432) 260-0088
    Request Owner's contact information
    17411 Fm 1787 Odessa, TX 79766
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    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
    17411 Fm 1787 Odessa, TX 79766
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