Fenced Flex Property with Three
For Sale
Contact for pricing
7200 W West County Rd., Odessa, TX 79764
Three separate structures combine warehouse, office, and open-building space within a fenced property.
Property Size4,000 SF
Lot Size5.30 Acres
Price / SF$1.88
Days on Market251
Property Features for 7200 W West County Rd.
General Information
Standard status
Active
Size
4,000 SF
Lot size
5.30 Acres
Property subtype
Commercial
Lease Term
1-3 YEARS
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$5,960
Amenities
kitchen
conference room
reception area
Building Details
Building Size
4,000 SF
Year Built
2018
Buildings
3
Stories
1
Listing Agency:
TROWER REALTORS
(432) 333-3211
Listed By:
Tonya Trower · License #308526
(432) 889-2124
Source:
Gloriarealestate
Added: Feb 17
Changed: Oct 25
Last Checked: Oct 24 at 2:48PM
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 TROWER REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises three buildings with a reported total area of 4,000 square feet. One combines a shop area with two offices, a kitchen, two bathrooms, and insulated warehouse space served by four 16-foot overhead doors. A second building has three offices, a reception area, a conference room, one bathroom, and additional storage. The third is an open 50-by-60-foot structure.
The 5.3-acre property is fenced, with a mix of warehouse, office, and open space across the site.
The 5.3-acre property is fenced, with a mix of warehouse, office, and open space across the site.
Key Highlights
- Three buildings on approximately 5.3 fenced acres
- Reported total building area of 4,000 square feet
- Shop building includes two offices, kitchen, two bathrooms, and insulated warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,384
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,747,680
$4.7M
Cap Rate 7%
$3,391,200
$3.4M
Cap Rate 9%
$2,637,600
$2.6M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$360.0K $90.00/SF
− Vacancy
−$20.9K −$5.22/SF
EGI
$339.1K $84.78/SF
− OpEx
−$101.7K −$25.43/SF
NOI
$237.4K $59.35/SF
Area
Odessa, TX
Vacancy
5.80%
Lease Rate
$90.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,747,680
Cap Rate 7%
$3,391,200
Cap Rate 9%
$2,637,600
Alternative Uses
Best Use
Flex RnD
$5.82M
$5.09M – $6.78M
NOI $407,057 @ 7.0% cap · market cap 5,427.43%
Second Best
Warehouse
$4.71M
$4.12M – $5.49M
NOI $329,362 @ 7.0% cap · market cap 4,391.49%
Theoretical Best
—
—
same as Best Use
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
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Balanced
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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View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Three separate structures combine warehouse, office, and open-building space within a fenced property.
Where is this flex space located?
The property is located at 7200 W West County Rd. Odessa, TX.
What are key features of this property?
This property features: Three buildings on approximately 5.3 fenced acres; Reported total building area of 4,000 square feet; Shop building includes two offices, kitchen, two bathrooms, and insulated warehouse area
