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Fenced-Lot Flex Space
For Sale
$700,000

2780 FM 866, Odessa, TX 79763

Commercial Sale, Odessa, TX

Property Size5,000 SF
Lot Size2.00 Acres
Price / SF$140
Days on Market141

Property Features for 2780 FM 866

General Information

Property type Residential
Property subtype Retail
Subdivision 866 Industrial
Standard status Active
Size 5,000 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description 866 INDUSTRIAL SUBDIVISION BLK 1 LOT 14 FM 866 USE CODE F1: COMMERCIAL REAL ESTATE
Tax Annual Amount 6828
Legal Description 866 INDUSTRIAL SUBDIVISION BLK 1 LOT 14 FM 866 USE CODE F1: COMMERCIAL REAL ESTATE

Building Details

Year built 2018
Listing Agency: New Heights Real Estate
Listed By: Cassandra Pearce · License #TREC#0588281
Added: May 22 Changed: Sep 5 Last Checked: Oct 9 at 12:06AM
MLS# 50095411

Copyright © 2026 Permian Basin 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 5,000-square-foot flex property, built in 2018, combines warehouse space with a small storage office, an unfinished office area, and a shop. The improvements sit on a 2-acre parcel with a fenced lot, yard space, front-loading functionality, and 24-hour access.

Located at 2780 FM 866 in Odessa, the property offers a practical layout for industrial or warehouse-oriented operations. The existing office components provide functional support space within the larger warehouse configuration, while the enclosed site adds controlled outdoor area for business use.

Key Highlights

  • 5,000 square feet of flex and warehouse space
  • 2‑acre parcel with a fenced lot and yard
  • Built in 2018

Property Analytics

Current Use

Flex space

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

19
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Fenced commercial property with a yard, front-loading access, and around-the-clock entry.
Where is this flex space located?
The property is located at 2780 FM 866 Odessa, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 5,000 square feet of flex and warehouse space; 2‑acre parcel with a fenced lot and yard; Built in 2018
More about this property
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