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Odessa Industrial Facility For Sale

1705 W 2nd St, Odessa, TX 79763

For Sale
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Industrial facility with short-term lease in Odessa, Texas.

Property Size43,956 SF
Price / SF$75.89
Days on Market271

Property Features for 1705 W 2nd St

General Information

Standard status Active
Size 43,956 SF
Property subtype Industrial
Occupancy 100%
Lease Type NNN
Net Operating Income $300,213

Building Details

Year Built 1951
Year Renovated 2017
Tenancy Single
Listing Agency: CBRE - Houston Galleria
Listed By: Jeffrey Jackson · License TX #602851
Source: Crexi
Added: Feb 17 Changed: Nov 6 Last Checked: Nov 12 at 5:03AM

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 CBRE - Houston Galleria

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chemoil Products Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

1,074
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Specialty properties in Odessa, TX

$135 Jul
$144 Aug
$194 Sep
$182 Oct

Properties on Market for Specialty properties in Odessa

Jul
Aug
Sep
Oct

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.
(713) 408-8555 Call to check price and availability
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