Flex Building with Shop
New
For Lease
$7,000/Mo
1857 N Fortune 500 Drive, Odessa, TX 79763
Commercial Sale, Odessa, TX
Space Size4,450 SF
Lot Size2.77 Acres
Days on Market4
Property Features for 1857 N Fortune 500 Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Fencing
Fenced, Chain Link
Subdivision
Knox Industrial
Standard status
Active
APN
16730.00010.02500
Size
4,450 SF
Lot size
2.77 Acres
Taxes and HOA fees
Tax Annual Amount
545
Utilities
Sewer type
Private Sewer
Water source
Well
Building Details
Year built
2024
Building materials
Metal Construction
Roof type
Metal
Listing Agency:
Casabella Group LLC
(432) 653-0827
Listed By:
Alba Estrada Saldana · License #TREC 0701467
(432) 530-1473
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 14 at 9:06AM
MLS# 173777
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.
Completed in 2024, this 4,450-square-foot flex building combines shop and office components within a metal-construction property. The office portion accounts for approximately 1,450 square feet and includes a lobby, four offices, and two restrooms. Three large bay doors support shop operations and equipment access.
The 2.77-acre property is enclosed with chain-link fencing and includes a water well and private septic system. A metal roof complements the building’s construction, while the mix of office and shop areas provides a practical layout for industrial or service-oriented operations.
The 2.77-acre property is enclosed with chain-link fencing and includes a water well and private septic system. A metal roof complements the building’s construction, while the mix of office and shop areas provides a practical layout for industrial or service-oriented operations.
Key Highlights
- 4,450‑square‑foot flex building completed in 2024
- Approximately 1,450 square feet of office area with lobby and four offices
- Three large bay doors serve the shop area
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2
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
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Market
Lease Benchmarks for Odessa, TX
$14.84 /SF/Yr
Avg Asking Price
$3.33–$26 /SF/Yr
Price Range
11,272 SF
Avg Space Size
This space is priced 27% above the average of $14.84 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Metal construction combines office accommodations with a functional shop area.
Where is this flex space located?
The property is located at 1857 N Fortune 500 Drive Odessa, TX.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 4,450‑square‑foot flex building completed in 2024; Approximately 1,450 square feet of office area with lobby and four offices; Three large bay doors serve the shop area
