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Flex Space with Shop and Office
For Sale
$760,000

8124 Sprague Rd, Odessa, TX 79764

Commercial Sale, Odessa, TX

Property Size23,000 SF
Lot Size2.67 Acres
Price / SF$33.04
Days on Market62

Property Features for 8124 Sprague Rd

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link
Subdivision EA2
Standard status Active
APN 00200.00095.00000
Size 23,000 SF
Lot size 2.67 Acres

Taxes and HOA fees

Tax Annual Amount 10029

Amenities

conference room
break rooms

Building Details

Year built 1977
Building materials Metal Siding
Roof type Metal
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd · License #9004023
Added: Aug 13 Changed: Oct 8 Last Checked: Oct 13 at 8:06PM
MLS# 176880

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.

Investment Insights

Based on property information with market context.

The 23,000-square-foot flex property occupies 2.67 acres in Odessa. Its 15,000-square-foot shop has 3-Phase/480V power, while the 8,000-square-foot office area contains 20 private offices, a conference room, and two break rooms. An additional 4,000 square feet of covered parking is located within the chain-link fence. The building, completed in 1977, has metal siding and a metal roof.

The property is near Loop 338, providing a defined reference point for access in the Odessa area.

Key Highlights

  • 23,000 SF facility on 2.67 acres
  • 15,000 SF shop with 3‑Phase/480V power
  • 8,000 SF office with 20 private offices, a conference room, and 2 break rooms

Property Analytics

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Current Use

M & W Hot ... Trucking Company

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Building Supply Kitchen & Bath Showroom Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Metal-sided facility combines industrial shop space with a substantial private-office component and fenced covered parking.
Where is this flex space located?
The property is located at 8124 Sprague Rd Odessa, TX.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 23,000 SF facility on 2.67 acres; 15,000 SF shop with 3‑Phase/480V power; 8,000 SF office with 20 private offices, a conference room, and 2 break rooms
More about this property
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