Fenced Flex Facility with
For Sale
$1,200,000
14055 W 52nd St, Odessa, TX 79764
The property combines dedicated office space with a shop featuring insulated overhead doors and pull-through access.
Property Size6,000 SF
Lot Size4.70 Acres
Price / SF$200
Days on Market132
Property Features for 14055 W 52nd St
General Information
Standard status
Active
Size
6,000 SF
Lot size
4.70 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
6,000 SF
Office Build-Out
6,000 SF
Additional Details
Fenced Yard
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,081
Amenities
10 offices
1 large conference room
2 office bathrooms
2 shop bathrooms with showers
utility room
kitchen
Building Details
Building Size
6,000 SF
Year Built
2022
Listing Agency:
Heritage Real Estate
(432) 701-0550
Listed By:
Daisy Porras · License #0704047
(432) 924-8827
Source:
Gloriarealestate
Added: Jun 16
Changed: Oct 24
Last Checked: Oct 24 at 3:07PM
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 Heritage Real Estate
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Investment Insights
Based on property information with market context.
Built in 2022, this flex property pairs 6,000 square feet of office space with a 6,000-square-foot shop measuring 60 by 100 feet. The shop has 20-foot ceilings, three insulated 16-by-14-foot overhead doors, and pull-through access. Office improvements include 10 offices, a conference room, two bathrooms, and a kitchen with countertops. The shop has two bathrooms with showers, along with a utility room.
The 4.7-acre site is fully enclosed by 7-foot chain-link fencing topped with barbed wire. Stabilized caliche provides the site surface.
The 4.7-acre site is fully enclosed by 7-foot chain-link fencing topped with barbed wire. Stabilized caliche provides the site surface.
Key Highlights
- 4.7‑acre site enclosed by 7' chain‑link fencing with barbed wire
- 6,000‑square‑foot office area and 6,000‑square‑foot shop
- Shop measures 60x100 with 20' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,853
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,060
$1.6M
Cap Rate 7%
$1,140,757
$1.1M
Cap Rate 9%
$887,256
$887.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$126.0K $21.00/SF
− Vacancy
−$19.5K −$3.26/SF
EGI
$106.5K $17.75/SF
− OpEx
−$26.6K −$4.44/SF
NOI
$79.9K $13.31/SF
Area
Odessa, TX
Vacancy
15.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,060
Cap Rate 7%
$1,140,757
Cap Rate 9%
$887,256
Alternative Uses
Best Use
Flex RnD
$8.72M
$7.63M – $10.18M
NOI $610,586 @ 7.0% cap · market cap 50.88%
Second Best
Warehouse
$7.06M
$6.18M – $8.23M
NOI $494,043 @ 7.0% cap · market cap 41.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
20 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79764, TX
26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - The property combines dedicated office space with a shop featuring insulated overhead doors and pull-through access.
Where is this flex space located?
The property is located at 14055 W 52nd St Odessa, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4.7‑acre site enclosed by 7' chain‑link fencing with barbed wire; 6,000‑square‑foot office area and 6,000‑square‑foot shop; Shop measures 60x100 with 20' ceilings
