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Flex Building with Shop and Offices
New
For Lease
$6,000/Mo

1857 N Fortune 500 Drive, Odessa, TX 79763

Commercial Sale, Odessa, TX

Space SizeContact for details
Property Size4,450 SF
Lot Size2.77 Acres
Days on Market2

Property Features for 1857 N Fortune 500 Drive

General Information

Property type Commercial Lease
Property subtype Other
Fencing Chain Link, Fenced
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
Listed By: Alba Estrada Saldana · License #TREC 0701467
Added: Oct 9 Last Checked: Oct 10 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.

This 4,450-square-foot flex property pairs shop space with an office component of approximately 1,450 square feet, included within the building’s total area. The office section contains a lobby and four offices, while three large bay doors serve the shop. The 2024 building has metal construction and a metal roof, with two restrooms.

Set on 2.77 acres in West Odessa, the property is served by a water well and private septic system. Chain-link fencing encloses the site.

Key Highlights

  • 4,450‑square‑foot flex building with shop and office areas
  • Approximately 1,450 square feet of office space, including a lobby and four offices
  • Three large bay doors

Property Analytics

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Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2
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

Lease Benchmarks for Odessa, TX

$13.88 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
10,602 SF
Avg Space Size

This space is priced 17% above the average of $13.88 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - A flexible commercial layout combines work areas with private offices, a lobby, and on-site water and septic service.
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 $6,000/Mo.
What are key features of this property?
This property features: 4,450‑square‑foot flex building with shop and office areas; Approximately 1,450 square feet of office space, including a lobby and four offices; Three large bay doors
More about this property
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