New Warehouse on
6015 Andrews Hwy, Odessa, TX 79764
For Sale
$2,750,000
Commercial Sale, Odessa, TX
Property Size24,000 SF
Lot Size18.00 Acres
Price / SF$114.58
Days on Market138
Property Features for 6015 Andrews Hwy
General Information
Property type
Property subtype
Fencing
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
Black Orchid Real Estate, LLC
(432) 813-3538
Listed By:
Ronda Peroutka · License TX #680846
(432) 202-0182
Added: Jun 26
Changed: Nov 9
Last Checked: Nov 10 at 7:06PM
MLS# 175756
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.
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Investment Insights
Based on property information with market context.
This warehouse property includes a 24,000-square-foot commercial building completed in 2024. The structure features metal construction and a metal roof, with chain-link fencing across the property. The asset is situated on 18 acres, providing a large land component alongside the existing warehouse improvement.
The property is located at 6015 Andrews Hwy in Odessa, Texas, within Ector County. Its warehouse classification and combination of building area, acreage, metal construction, and perimeter fencing define the available commercial asset.
The property is located at 6015 Andrews Hwy in Odessa, Texas, within Ector County. Its warehouse classification and combination of building area, acreage, metal construction, and perimeter fencing define the available commercial asset.
Key Highlights
- 24,000‑square‑foot warehouse building
- 18‑acre property in Odessa, TX
- Building completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,075
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,001,500
$3.0M
Cap Rate 7%
$2,143,929
$2.1M
Cap Rate 9%
$1,667,500
$1.7M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$193.0K $8.04/SF
− Vacancy
−$16.4K −$0.68/SF
EGI
$176.6K $7.36/SF
− OpEx
−$26.5K −$1.10/SF
NOI
$150.1K $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%
$3,001,500
Cap Rate 7%
$2,143,929
Cap Rate 9%
$1,667,500
Alternative Uses
Best Use
Warehouse
$2.14M
$1.88M – $2.50M
NOI $150,075 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.10M
$5.34M – $7.12M
NOI $427,000 @ 7.0% cap · market cap 15.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79764, TX
26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Odessa, TX
Properties on Market for Warehouses in Odessa
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Aztec Storage Center — 1127 E 52nd St, Odessa, TX 79762
- Basin rentals — 6012 N Golder Ave, Odessa, TX 79764
- Presto Storage — 5601 N Dixie Blvd, Odessa, TX 79762
- Pick&Drop Logistics — 6110 Andrews Hwy, Odessa, TX 79762
- Big Stuff Storage — 200 E 63rd St, Odessa, TX 79762
Frequently Asked Questions
What type of property is this?
Warehouse - Newly built metal warehouse with chain-link fencing and substantial surrounding land.
Where is this warehouse located?
The property is located at 6015 Andrews Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 24,000‑square‑foot warehouse building; 18‑acre property in Odessa, TX; Building completed in 2024
