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Industrial Self-Storage Facility
For Sale
$550,000

503 Industrial Avenue, Odessa, TX 79761

Industrial self-storage with 73 units on 1.04 acres, offering convenient access to major transportation routes.

Property Size14,340 SF
Lot Size1.04 Acres
Price / SF$38.35
Days on Market92

Property Features for 503 Industrial Avenue

General Information

Standard status Active
Size 14,340 SF
Lot size 1.04 Acres
Property subtype Retail - Freestanding

Additional Details

Highway Access Yes

Building Details

Building Size 14,340 SF
Year Built 1965
Units 73
Listing Agency: Moriah Brokerage Services
Listed By: Hunter Hickok
Source: Commercialcafe
Added: Jun 16 Changed: Sep 10 Last Checked: Sep 15 at 5:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moriah Brokerage Services

Investment Insights

Based on property information with market context.

503 Industrial Avenue is an industrial self-storage facility configured with 73 storage units totaling approximately 14,340 square feet, situated on 1.04 acres. The property is designed to support self-storage operations with a functional unit layout for tenant storage needs.

The facility is located in Odessa, Texas, within the established industrial market. The site provides convenient access to major transportation routes, including Interstate 20, and is also connected to Midland International Air & Space Port for regional mobility. The surrounding area includes a mix of industrial, commercial, and educational facilities.

For investors or operators looking for an industrial storage asset, this property offers a multi-unit setup that can support a self-storage business model. Its scale of 73 units and dedicated storage configuration provide a straightforward operating framework for managing tenant spaces. Additionally, the site’s connectivity to Interstate 20 and the nearby airport supports practical logistics for move-ins, move-outs, and customer access within the Permian Basin region.

Key Highlights

  • Industrial self‑storage facility built in 1965
  • 73 storage units totaling approximately 14,340 SF
  • Set on 1.04 acres

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Nail Salon Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Industrial self-storage with 73 units on 1.04 acres, offering convenient access to major transportation routes.
Where is this self storage facility located?
The property is located at 503 Industrial Avenue Odessa, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Industrial self‑storage facility built in 1965; 73 storage units totaling approximately 14,340 SF; Set on 1.04 acres
More about this property
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