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

1850 N Palomino Ave, Odessa, TX 79763

Commercial Sale, Odessa, TX

Property Size12,800 SF
Lot Size2.35 Acres
Price / SF$93.75
Days on Market97

Property Features for 1850 N Palomino Ave

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Fencing Fenced
Appliances Individual AC Units, Central Hot Water
Subdivision Ranch Acres
Lot features Corner Lot
Standard status Active
APN 26200.03250.00000 26200.03260.00000
Size 12,800 SF
Lot size 2.35 Acres

Taxes and HOA fees

Tax Annual Amount 1600

Building Details

Year built 2026
Floors in Building 2
Building materials Concrete, Metal Construction, Metal Siding
Roof type Metal
Listing Agency: Keller Williams Realty - Midland & Odessa
Listed By: Jasmine Fabela
Added: Jul 3 Changed: Sep 17 Last Checked: Oct 7 at 5:06PM
MLS# 164943

Copyright © 2026 Odessa 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.

Investment Insights

Based on property information with market context.

Under construction with estimated availability in October 2026, this flex property comprises a 12,800-square-foot metal building on 2.3543 fenced acres. The layout includes 3,200 square feet of two-story office space, with 1,600 square feet on each floor, alongside an 8,000-square-foot shop. A 400-square-foot tool room, 1,600-square-foot awning, and five restrooms—including one serving the shop—add functional support space.

The property is located at 1850 N Palomino Ave in Odessa, Texas, and is served by septic and city water. Concrete construction, metal siding, individual AC units, central hot water, and a metal roof are included. The configuration supports industrial, distribution, and service operations.

Key Highlights

  • 12,800 total sq ft commercial metal building
  • 2.3543 fenced acres
  • 3,200 sq ft two‑story office area with 1,600 sq ft per floor

Property Analytics

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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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Under-construction flex facility combining office, shop, storage, and secured outdoor space.
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 total sq ft commercial metal building; 2.3543 fenced acres; 3,200 sq ft two‑story office area with 1,600 sq ft per floor
More about this property
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