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Industrial Property with Office Space
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1606 S Regal Ave, Odessa, TX 79763

10,100 SF industrial property with office and shop space.

Property Size10,100 SF
Lot Size0.52 Acres
Price / SF$44.55
Days on Market190

Property Features for 1606 S Regal Ave

General Information

Standard status Active
Size 10,100 SF
Lot size 0.52 Acres
Property subtype Industrial
Zoning County
Investment Type Owner/User

Building Details

Year Built 1981
Buildings 2
Listing Agency: NRG Realty Group
Listed By: Justin Dodd · License #9004023
Source: Crexi
Added: Feb 3 Changed: Aug 8 Last Checked: Aug 10 at 11:46AM

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

Investment Insights

Based on property information with market context.

This industrial property offers approximately 10,100 square feet of space on a 0.523-acre lot. The property features a mix of office and shop areas. The office component includes a large open reception area, an executive office, an additional office or breakroom, storage space, a bathroom, and a kitchenette. The property also contains two shops. One shop measures 80 feet by 40 feet, totaling 3,200 square feet, and includes three 14-foot by 10-foot overhead doors and a shop restroom. The second shop is U-shaped, providing 6,900 square feet of space, and features one 10-foot by 10-foot overhead door, one 10-foot by 12-foot overhead door, and a forklift ramp. The property is serviced by Single-Phase power, making it suitable for industrial or light manufacturing operations.

Key Highlights

  • ±10,100 SF industrial property featuring a mix of office and shop space.
  • Two shops: a 3,200 SF shop with three 14'x10' OHDs and a 6,900 SF U‑shaped shop with two OHDs and a forklift ramp.
  • Includes office area with reception, executive office, additional office/breakroom, storage, bathroom, and kitchenette.

Property Analytics

Current Use

SK Supply Co. Factory

Suggested Use

Top Pick Parking Lot & Garage Garden Center Kitchen & Bath Showroom Restaurant (Bike/Boat/Book/etc) Store Cafe & Coffee 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.

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79763, TX

39,767
Population
15,063
Households
2.6
Avg Household Size
33
Median Age
9%
College-Educated
70%
High-School Grad
50.4 sq mi
ZIP Area
789
Density / Sq Mi
$57,618
Median Household Income
$45,267
Median Earnings
$1,097
Median Rent
$127,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 10,100 SF industrial property with office and shop space.
Where is this flex space located?
The property is located at 1606 S Regal Ave Odessa, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: ±10,100 SF industrial property featuring a mix of office and shop space.; Two shops: a 3,200 SF shop with three 14'x10' OHDs and a **6,900 SF U‑shaped shop** with two OHDs and a forklift ramp.; Includes office area with reception, executive office, additional office/breakroom, storage, bathroom, and kitchenette.
(432) 363-4777 Call to check price and availability
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