Property profile

600 Pagewood Ave Odessa, TX 79761

OFF-MARKET
Commercial real estate
Property ID
US83-0061854
4.53 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4.53-acre lot in the Grow Odessa Industrial Park (formerly OIDC), located at 600 S Pagewood Ave, Odessa, TX 79761, presents a unique opportunity to construct a fully customized industrial facility. The site is zoned 1C - Industrial District and offers the flexibility to build a structure tailored to your specific operational needs. While a proposed 16,200 square foot building is illustrated, the lot easily accommodates a larger facility exceeding 20,000 square feet. Potential building features include an overhead crane, wash bay, multiple bays, and office space designed to your specifications. The property will be fully fenced and secured, ensuring a safe and controlled environment. City utilities are readily available, including crucial 3-phase/480V power, making this location ideal for a variety of industrial uses. The site is ready for immediate groundbreaking, allowing for a swift transition from planning to operation. This build-to-suit opportunity provides unparalleled control over the design and functionality of your new industrial space within a thriving Texas industrial park. The property is single-tenancy and offers significant potential for growth and expansion.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.53 ac (197,327 SF)
Zoning code ES2
APN 13240.00320.00000
UPID US83-0061854

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 Pagewood Ave Odessa, TX 79761
Odessa metro Census 2300 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2020
Price N/A
2019
Price N/A

Zoning & alternative use

ES2 · Odessa, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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