Renovated Office/Warehouse with Maintenance
For Lease
$12,500/Mo
1622 W 2nd St, Odessa, TX 79763
Three-building property with renovated office/warehouse and maintenance facility.
Space SizeContact for details
Lot Size2.06 Acres
Days on Market213
Property Features for 1622 W 2nd St
General Information
Standard status
Active
Lot size
2.06 Acres
Building Details
Year Built
1965
Listing Agency:
NRG Realty Group, LLC
Listed By:
Justin Dodd · License #9004023
(432) 363-4777
Source:
Billlanier
Added: Mar 26
Changed: Oct 13
Last Checked: Oct 7 at 12:59PM
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
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Investment Insights
Based on property information with market context.
This property features three buildings totaling 12,936 square feet on 2.06 acres. The main office/warehouse building has been recently renovated and includes approximately 50% finished office/showroom space and 50% shop or warehouse space. Previously, the building was occupied by an equipment rental business and features a sales counter and showroom. The second facility, constructed in 2012, is a 4,000-square-foot maintenance facility built crane ready. It features four 16-foot overhead doors, two center bays with dozer rails for heavy machinery in the floor, a shop office, and a locker room. The third structure is an open-air wash bay that has dozer tracks for heavy machinery. The property is entirely stabilized, serviced with city water and sewer, and zoned light industrial.
Key Highlights
- Recently renovated main office/warehouse building with flexible office/showroom and shop/warehouse space.
- 4,000 SF maintenance facility (built in 2012) is crane‑ready with (4) 16’ overhead doors and dozer rails.**
- Property includes an open‑air wash bay with dozer tracks for heavy machinery.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.74 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Lease Benchmarks for Odessa, TX
$14.45 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
10,985 SF
Avg Space Size
This space is priced 20% below the average of $14.45 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- EL Sazón de Juárez — 500 E 3rd St, Odessa, TX 79761
Frequently Asked Questions
What type of property is this?
Flex space - Three-building property with renovated office/warehouse and maintenance facility.
Where is this flex space located?
The property is located at 1622 W 2nd St Odessa, TX.
What is the lease rate?
The lease rate is $12,500/Mo.
What are key features of this property?
This property features: Recently renovated main office/warehouse building with flexible office/showroom and shop/warehouse space.; 4,000 SF maintenance facility (built in 2012) is crane‑ready with (4) 16’ overhead doors and dozer rails.**; Property includes an open‑air wash bay with dozer tracks for heavy machinery.
