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Industrial Property with Enclosed Wash Bay
For Sale
$2,291,768

16697 W Basin St, Odessa, TX 79741

Commercial Sale, Odessa, TX

Property Size18,732 SF
Lot Size4.00 Acres
Price / SF$122.35
Days on Market94

Property Features for 16697 W Basin St

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision Basin Industrial Addition
Standard status Active
Size 18,732 SF
Lot size 4.00 Acres

Taxes and HOA fees

Tax Description LOT 5 BLK 2 BASIN INDUSTRIAL ADDITION
Tax Annual Amount 5000
Legal Description LOT 5 BLK 2 BASIN INDUSTRIAL ADDITION

Amenities

enclosed washbay

Building Details

Year built 2025
Listing Agency: New Heights Real Estate
Listed By: Cassandra Pearce
Added: Jul 22 Changed: Oct 7 Last Checked: Oct 23 at 3:06PM
MLS# 50096960

Copyright © 2026 Permian Basin 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.

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial property in Odessa is under construction, with completion identified for 2025. The planned facility contains 18,732 square feet on a 4-acre site, including a 2,000-square-foot enclosed wash bay.

Water is supplied through a private metered system rated at 4 GPM, with a holding tank. NNN lease terms are offered for 3, 5, or 10 years.

Key Highlights

  • 18,732‑square‑foot industrial facility on 4 acres
  • Includes a 2,000‑square‑foot enclosed wash bay
  • Under construction; year built listed as 2025

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 79741, TX

298
Population
97
Households
3.1
Avg Household Size
40
Median Age
26%
College-Educated
85%
High-School Grad
91.0 sq mi
ZIP Area
3
Density / Sq Mi
$89,464
Median Household Income
$67,768
Median Earnings
$1,433
Median Rent
$110,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - The facility is under construction and includes a private metered water system with a holding tank.
Where is this industrial property located?
The property is located at 16697 W Basin St Odessa, TX.
What is the asking price?
The asking price for this property is $2,291,768.
What are key features of this property?
This property features: 18,732‑square‑foot industrial facility on 4 acres; Includes a 2,000‑square‑foot enclosed wash bay; Under construction; year built listed as 2025
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