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Odessa Storage Facility For Sale
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620 E THIRD ST, Odessa, TX 79761

5,780 SF storage facility with six units, 50% occupied.

Property Size5,780 SF
Price / SF$82.18
Days on Market107

Property Features for 620 E THIRD ST

General Information

Standard status Active
Size 5,780 SF
Class C
Property subtype Self Storage
Zoning LC

Building Details

Year Built 1960
Buildings 1
Stories 1
Units 6
Listing Agency: Basin Real Estate Group, LLC
Listed By: Cory Bynum · License #672722-B
Source: Crexi
Added: May 16 Changed: Aug 26 Last Checked: Aug 29 at 2:05AM

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.

A 5,780 square foot storage facility is available for sale. Constructed in 1960, the property features solid cinder block construction. It contains six units and is currently 50% occupied. The property is centrally located, presenting an opportunity for entering the storage business.

Key Highlights

  • 5,780 SF total storage space
  • Centrally located
  • Solid cinder block construction

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Storage Facility HVAC Service Garden Center Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,465
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 - 5,780 SF storage facility with six units, 50% occupied.
Where is this self storage facility located?
The property is located at 620 E THIRD ST Odessa, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5,780 SF total storage space; Centrally located; Solid cinder block construction
More about this property
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