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Industrial Building with Tower Cranes
For Sale
$1,300,000

606 W University Blvd, Odessa, TX 79764

Metal-roofed industrial building includes office space and (2) cranes on a secured site with parking and equipment storage.

Property Size22,036 SF
Lot Size0.76 Acres
Price / SF$58.99
Days on Market211

Property Features for 606 W University Blvd

General Information

Standard status Active
Size 22,036 SF
Lot size 0.76 Acres
Property subtype VacantLand

Site & Location

Road Access Yes
Fenced Yard Yes

Building Details

Building Size 22,036 SF
Year Built 1959
Listing Agency: NRG Realty Group
Listed By: Amy Brasher Barnett · License #514276
Source: Commercialcafe
Added: Mar 25 Changed: Oct 6 Last Checked: Oct 20 at 5:07PM

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 NRG Realty Group

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Investment Insights

Based on property information with market context.

This for-sale industrial property features a metal-roofed building totaling 22,036 SF and includes efficient office space within the facility. The site is improved with secure chain link fencing and is supported by (1) 2-ton crane and (1) 5-ton crane for light manufacturing, fabrication, or logistics-oriented operations.

The property has frontage on W University and is located across from Odessa College, with frontage positioned next to a high-traffic Dairy Queen.

On-site improvements also include space that can be used for parking, equipment storage, or display as part of an owner’s redevelopment plans.

Key Highlights

  • 0.76‑acre commercial redevelopment site on W University with frontage across from Odessa College
  • Existing building totals 22,036 SF with metal roof and secure chain link fencing
  • Includes office space plus (1) 2‑ton crane and (1) 5‑ton crane for light manufacturing, fabrication, or logistics

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Daycare Center Garden Center

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
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Manufacturing property - Metal-roofed industrial building includes office space and (2) cranes on a secured site with parking and equipment storage.
Where is this manufacturing property located?
The property is located at 606 W University Blvd Odessa, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.76‑acre commercial redevelopment site on W University with frontage across from Odessa College; Existing building totals 22,036 SF with metal roof and secure chain link fencing; Includes office space plus (1) 2‑ton crane and (1) 5‑ton crane for light manufacturing, fabrication, or logistics
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