Industrial Flex Facility with
For Sale
$1,995,000
1551 Laredo Dr, Odessa, TX 79761
Two buildings totaling office, shop, and warehouse space with fenced yard, heavy power, and multiple overhead doors.
Property Size22,095 SF
Price / SF$90.29
Days on Market38
Property Features for 1551 Laredo Dr
General Information
Standard status
Active
Size
22,095 SF
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
20 ft
Heavy Power
Yes
Building Details
Year Built
1980
Listing Agency:
NRG Realty Group, LLC
(432) 363-4777
Listed By:
Justin Dodd · License #9004023
Source:
Raftercrossrealty
Added: Jul 20
Changed: Aug 23
Last Checked: Aug 25 at 9:04AM
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 NRG Realty Group, LLC
Investment Insights
Based on property information with market context.
The east building, built in 1980 and renovated, includes 1,923 SF of office, 244 SF of shop office, and 9,044 SF of warehouse space, plus a 950 SF covered wash-bay. It is equipped with heavy power, heaters, and lines for air, water, lubricants, and propane, along with 15- and 10-ton cranes. The building has 20' eaves and five overhead doors (14' x 16'–16' x 18').
The second building was completed in 2016 and offers shop space with office and restroom, 20' eaves, and a 15-ton crane. Heavy power is included, and there are three overhead doors sized 21' x 18'.
The property also features a fenced, stabilized yard designed to support expansion and/or additional storage, making the overall layout well-suited for industrial and light commercial operations requiring both workspace and warehouse capacity.
The second building was completed in 2016 and offers shop space with office and restroom, 20' eaves, and a 15-ton crane. Heavy power is included, and there are three overhead doors sized 21' x 18'.
The property also features a fenced, stabilized yard designed to support expansion and/or additional storage, making the overall layout well-suited for industrial and light commercial operations requiring both workspace and warehouse capacity.
Key Highlights
- Two‑building industrial property: 1,923 SF office, 244 SF shop office, 9,044 SF warehouse, plus 950 SF covered wash‑bay (East building).
- East building includes heavy power, heaters, and lines for air, water, lubricants, and propane, with (15) & (10)-ton cranes.
- East building has 20' eaves and 5 overhead doors totaling 14'x16' to 16'x18'.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two buildings totaling office, shop, and warehouse space with fenced yard, heavy power, and multiple overhead doors.
Where is this flex space located?
The property is located at 1551 Laredo Dr Odessa, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two‑building industrial property: 1,923 SF office, 244 SF shop office, 9,044 SF warehouse, plus 950 SF covered wash‑bay (East building).; East building includes heavy power, heaters, and lines for air, water, lubricants, and propane, with (15) & (10)-ton cranes.; East building has 20' eaves and 5 overhead doors totaling 14'x16' to 16'x18'.
