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Insulated Industrial Workshop Property
For Sale
Contact for pricing
Pending

420 South Meadow Avenue, Odessa, TX 79761

Insulated buildings with office, storage, and workshop areas, with some mini-split HVAC and restrooms or utilities in place.

Property Size12,000 SF
Days on Market132

Property Features for 420 South Meadow Avenue

General Information

Standard status Pending
Size 12,000 SF
Class C
Property subtype Industrial, Self Storage
Investment Type Owner/User

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 2004
Buildings 8
Stories 1
Units 1
Listing Agency: Basin Real Estate Group, LLC
Listed By: Cory Bynum · License #672722-B
Source: Crexi
Added: Apr 15 Changed: Aug 19 Last Checked: Aug 18 at 6:27AM

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 Basin Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This industrial property is currently set up to meet the needs of auto repair, with a configuration that includes office space, storage, and workshop areas. The buildings are insulated, and several include mini-split HVAC units to support comfort during extended use. Many of the buildings already have restrooms in place, and water in sewer is in place in additional areas, with the option to add if needed. The property also includes living quarters.

Located in Odessa, Texas, the site offers convenient access with close proximity to Hwy. 80 and I-20. The current layout is described as easily convertible to storage space, supporting a range of potential uses beyond auto repair.

The attached PDF is referenced for a complete breakdown of the buildings and improvements.

Key Highlights

  • Year built 2004 with multiple insulated buildings designed for office, storage, and workshop use
  • Currently set up for auto repair, with potential to convert areas to storage space
  • Several buildings include mini‑split HVAC units

Property Analytics

Current Use

Gulf States Industrial ... Auto Repair Shop Gulf States Towing Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Pharmacy Hair Salon

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
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
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?
Self storage facility - Insulated buildings with office, storage, and workshop areas, with some mini-split HVAC and restrooms or utilities in place.
Where is this self storage facility located?
The property is located at 420 South Meadow Avenue Odessa, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Year built 2004 with multiple insulated buildings designed for office, storage, and workshop use; Currently set up for auto repair, with potential to convert areas to storage space; Several buildings include mini‑split HVAC units
More about this property
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