Modernized Manufacturing
3201 W Murphy St, Odessa, TX 79763
For Sale
Contact for pricing
Multi-building industrial facilities support manufacturing, fabrication, warehousing, and equipment service operations.
Property Size61,540 SF
Lot Size30.13 Acres
Price / SF$117.81
Days on Market99
Property Features for 3201 W Murphy St
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Drive-In Doors
Building Details
Buildings
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Trey Dennis · License TX #723150
(432) 236-7500
Source:
Moodyscre
Added: Aug 7
Changed: Nov 13
Last Checked: Nov 12 at 5:41AM
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 Moriah Brokerage Services
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Investment Insights
Based on property information with market context.
This manufacturing property comprises 61,540 square feet distributed among five buildings on 30.13 acres. The facilities include clear heights from 18 to 26 feet, 32 grade-level overhead doors, and three 10-ton bridge cranes. These features provide substantial capacity for material handling, production, storage, and equipment-related operations.
The property is located at 3201 W Murphy St in Odessa, Texas. Its building configuration and industrial improvements support a range of manufacturing, fabrication, warehousing, and equipment service applications. The facilities have been modernized for current operational requirements, offering a functional platform for industrial users seeking multiple structures and heavy-duty equipment.
The property is located at 3201 W Murphy St in Odessa, Texas. Its building configuration and industrial improvements support a range of manufacturing, fabrication, warehousing, and equipment service applications. The facilities have been modernized for current operational requirements, offering a functional platform for industrial users seeking multiple structures and heavy-duty equipment.
Key Highlights
- 61,540 SF across five industrial buildings
- 30.13‑acre manufacturing property in Odessa, TX
- Clear heights range from 18'-26'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$384,816
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,696,320
$7.7M
Cap Rate 7%
$5,497,371
$5.5M
Cap Rate 9%
$4,275,733
$4.3M
Market Conditions
NOI Build-Up for 61,540 SF
Gross rent
$494.8K $8.04/SF
− Vacancy
−$42.1K −$0.68/SF
EGI
$452.7K $7.36/SF
− OpEx
−$67.9K −$1.10/SF
NOI
$384.8K $6.25/SF
Area
Ector County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,696,320
Cap Rate 7%
$5,497,371
Cap Rate 9%
$4,275,733
Alternative Uses
Best Use
Warehouse
$5.50M
$4.81M – $6.41M
NOI $384,816 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$4.53M
$3.96M – $5.28M
NOI $316,908 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$15.64M
$13.69M – $18.25M
NOI $1,094,900 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
26 ft
Clear height
32
Drive-in doors
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
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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
$127,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Odessa, TX
Properties on Market for Manufacturing properties in Odessa
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Multi-building industrial facilities support manufacturing, fabrication, warehousing, and equipment service operations.
Where is this manufacturing property located?
The property is located at 3201 W Murphy St Odessa, TX.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 61,540 SF across five industrial buildings; 30.13‑acre manufacturing property in Odessa, TX; Clear heights range from 18'-26'
