Building Details

Year Built 1951

Year Renovated 2017

Tenancy Single

Listing Agency: CBRE - Houston Galleria

Listed By: T. Reed Hudson · License #TX 437341

Source: Crexi

Added: Feb 17 Changed: Aug 8 Last Checked: Aug 11 at 6:04PM

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Investment Insights

Based on property information with market context.

This industrial facility, located in Odessa, Texas, is available for sale. The property encompasses a total area of 43,956 square feet. It is currently under a short-term NNN lease with rents below market value. The property is suitable for commercial real estate and specialty property uses.

Key Highlights

• Industrial facility available in Odessa, TX.
• Short‑term NNN lease in place.
• Below market rents offer upside potential.

Property Analytics

Property Profile

Current Use

Chemoil Products Factory

Suggested Use

Top Pick Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Acupuncture Real Estate Agency Grocery & Convenience Store

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

553

Businesses Nearby

Explore this area 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

Questions? Ask Rey

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What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Industrial facility with short-term lease in Odessa, Texas.

Where is this specialty property located?

The property is located at 1705 W 2nd St Odessa, TX.

What is the asking price?

The asking price for this property is $3,335,700.

What are key features of this property?

This property features: Industrial facility available in Odessa, TX.; Short‑term NNN lease in place.; Below market rents offer upside potential.