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Flex Space with Shop
For Sale
$1,200,000

1850 N Palomino Ave, Odessa, TX 79763

New construction pairs a two-story office with a substantial shop, fenced acreage, and an attached awning.

Property Size12,800 SF
Lot Size2.35 Acres
Price / SF$93.75
Days on Market324

Property Features for 1850 N Palomino Ave

General Information

Standard status Active
Size 12,800 SF
Lot size 2.35 Acres
Property subtype Commercial

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Additional Details

Office Build-Out 3,200 SF

Taxes and HOA fees

Annual Taxes $1,600

Building Details

Building Size 12,800 SF
Year Built 2026
Buildings 1
Stories 2
Construction metal building
Listing Agency: Keller Williams Realty - Midland & Odessa
Listed By: Jasmine Fabela
Source: Gloriarealestate
Added: Dec 9, 2025 Changed: Oct 25 Last Checked: Oct 26 at 4:08AM

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 Keller Williams Realty - Midland & Odessa

Rey
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Investment Insights

Based on property information with market context.

Planned for availability in October 2026, this 12,800-square-foot metal building is configured with 3,200 square feet of office space across two floors and an 8,000-square-foot shop. The property also includes a 400-square-foot tool room, a 1,600-square-foot awning, and five restrooms, including one in the shop.

The building sits on 2.35 fenced acres and will have septic service and city water. Its office, shop, and support areas provide a range of functional space within one flex property.

Key Highlights

  • 12,800‑square‑foot metal building on 2.35 fenced acres
  • 3,200 square feet of office space, divided between two floors
  • 8,000‑square‑foot shop and 400‑square‑foot tool room

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Gym & Fitness Center Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Flex space - New construction pairs a two-story office with a substantial shop, fenced acreage, and an attached awning.
Where is this flex space located?
The property is located at 1850 N Palomino Ave Odessa, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12,800‑square‑foot metal building on 2.35 fenced acres; 3,200 square feet of office space, divided between two floors; 8,000‑square‑foot shop and 400‑square‑foot tool room
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