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Industrial Property with Office & Shops
For Sale
$450,000

1606 S Regal Place, Odessa, TX 79763

SINGLE_FAMILY - Odessa, TX

Property Size10,100 SF
Lot Size0.52 Acres
Price / SF$44.55
Days on Market178

Property Features for 1606 S Regal Place

General Information

Property type Residential
Property subtype Office
Fencing Fenced
Lot features Corner Lot
Subdivision Ebony
Standard status Active
APN 34060.00110.00000
Size 10,100 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Annual Amount 6840

Building Details

Year built 1981
Roof type Metal
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd · License #9004023
Added: Feb 3 Changed: Jun 5 Last Checked: Jul 31 at 2:06AM
MLS# 166090

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial property totals 10,100 square feet on 0.523 acres and combines office and shop space in one workable layout. The office area includes a large open reception, executive office, additional office/breakroom, storage, a bathroom, and a kitchenette. Two separate shop components support operational flexibility, including an 80' x 40' (3,200 SF) shop with three 14' x 10' overhead doors, plus a shop restroom. A larger 6,900 SF U-shaped shop is also included, with one 10' x 10' overhead door and one 10' x 12' overhead door, along with a forklift ramp.

The property is located in Odessa, Texas. It is serviced by single-phase power, and the combined office and shop setup is designed for tenants or owners who want day-to-day work space along with on-site administrative and comfort areas.

For buyers seeking an owner-operator or light manufacturing environment, the building’s mix of office improvements and dedicated shop areas can support a range of light industrial activities. The presence of multiple overhead doors and a forklift ramp can help accommodate deliveries, equipment movement, and day-to-day workflow within the available shop configurations.

Key Highlights

  • 10,100 SF Industrial Property on 0.523 Acres
  • Two Shops: 3,200 SF and 6,900 SF
  • Multiple Overhead Doors: Three 14'x10', One 10'x10', and One 10'x12'

Property Analytics

Current Use

Flex space

Lease Details

5
Drive-in doors

Location Intelligence

Trade Area within ½ mile

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 10,100 SF industrial building with office space, two shops, and loading doors suited for light manufacturing needs.
Where is this flex space located?
The property is located at 1606 S Regal Place 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 on 0.523 Acres; Two Shops: 3,200 SF and 6,900 SF; Multiple Overhead Doors: Three 14'x10', One 10'x10', and One 10'x12'
More about this property
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