Modern Manufacturing
For Sale
$975,000
14540 Dogwood Ave, Gardendale, TX 79758
2021-built facility supports production and warehouse operations in an industrial setting.
Property Size11,653 SF
Price / SF$83.67
Days on Market112
Property Features for 14540 Dogwood Ave
General Information
Standard status
Active
Size
11,653 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2021
Building Size
11,653 SF
Listing Agency:
Moriah Real Estate Company, LLC
Listed By:
Wes Gotcher
(432) 682-2510
Source:
Rickerlooney
Added: Jun 25
Changed: Sep 14
Last Checked: Oct 7 at 3:29PM
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 Real Estate Company, LLC
Investment Insights
Based on property information with market context.
This 11,653-square-foot manufacturing facility was completed in 2021 and provides space for production and warehouse functions. Its adaptable interior is suited to industrial operations requiring a combination of work and storage areas.
The property is located in Gardendale, Texas, approximately 14 miles north of downtown Odessa in northeastern Ector County. Texas State Highway 158 provides access to Odessa and Midland, while the surrounding area includes equipment yards, warehouse and shop facilities, agricultural land, and other heavy commercial users. The property has no municipal zoning and is positioned near active Permian Basin operations.
The property is located in Gardendale, Texas, approximately 14 miles north of downtown Odessa in northeastern Ector County. Texas State Highway 158 provides access to Odessa and Midland, while the surrounding area includes equipment yards, warehouse and shop facilities, agricultural land, and other heavy commercial users. The property has no municipal zoning and is positioned near active Permian Basin operations.
Key Highlights
- 11,653 SF manufacturing facility completed in 2021
- Supports production and warehouse operations
- Located approximately 14 miles north of downtown Odessa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,867
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,340
$1.5M
Cap Rate 7%
$1,040,957
$1.0M
Cap Rate 9%
$809,633
$809.6K
Market Conditions
NOI Build-Up for 11,653 SF
Gross rent
$93.7K $8.04/SF
− Vacancy
−$8.0K −$0.68/SF
EGI
$85.7K $7.36/SF
− OpEx
−$12.9K −$1.10/SF
NOI
$72.9K $6.25/SF
Area
Ector County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,340
Cap Rate 7%
$1,040,957
Cap Rate 9%
$809,633
Alternative Uses
Best Use
Warehouse
$1.04M
$910.8K – $1.21M
NOI $72,867 @ 7.0% cap · market cap 7.47%
Second Best
Industrial
$857.3K
$750.1K – $1.00M
NOI $60,009 @ 7.0% cap · market cap 6.15%
Theoretical Best
Multifamily LT 5
$130.65M
$114.32M – $152.42M
NOI $9,145,316 @ 7.0% cap · market cap 937.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 79758, TX
2,898
Population
1,011
Households
2.9
Avg Household Size
39
Median Age
15%
College-Educated
89%
High-School Grad
50.6 sq mi
ZIP Area
57
Density / Sq Mi
$120,721
Median Household Income
$81,368
Median Earnings
$1,609
Median Rent
$360,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 2021-built facility supports production and warehouse operations in an industrial setting.
Where is this manufacturing property located?
The property is located at 14540 Dogwood Ave Gardendale, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 11,653 SF manufacturing facility completed in 2021; Supports production and warehouse operations; Located approximately 14 miles north of downtown Odessa
