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
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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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Cap Rate, Value Estimation, Potential NOI and more
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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
