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    Basin St Penwell, TX 79763

    For Lease
    Contact for pricing

    New 17,032 SF Warehouse, I-20 Access

    Lot size:
    17,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional industrial property, located at 16791 W Basin St in Ector County, offers a brand-new, single-tenant warehouse spanning 17,032 square feet. Built in 2024, this two-story structure sits on a generous 6.5-acre lot, providing ample space for operations and future expansion. The warehouse features a significant covered awning adding an extra 1,700 square feet of sheltered area. Currently vacant, this property presents a unique opportunity for immediate occupancy. Its strategic location offers convenient access to Interstate 20 West and Highway FM 866, via exit 104/FM 866, ensuring efficient transportation and logistics. The property's Parcel Number (APN) is 018410011000000. The building is designed similarly to another successful project, promising high-quality construction and functionality. With an expected completion date of 3-4 months (expedited with a lease contract), this property is ready for immediate development and occupancy. This is an ideal location for businesses requiring significant warehouse space and easy highway access. The property is classified as Industrial, with a subtype of Warehouse and Distribution.

    Property Features for 0 Basin St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,032 SF

    Building Details

    Year Built
    2024
    Stories
    2

    Unit(s) available at that property

    Space
    Space Available
    Size
    17,032 SF

    HighLights

    • 17,032 SF industrial warehouse and distribution building.
    • Single‑tenant occupancy; 17,032 SF currently vacant.
    • Situated on a 6.5‑acre lot.
    • Brand new construction (2024); two‑story building.
    • Located in Ector County, Texas, minutes from I‑20 W & Hwy FM 866 (Exit 104/FM 866 Exit).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Penwell
    County
    Ector
    State
    Texas
    Longitude
    -102.5485012
    Latitude
    31.7672361

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    FAQs

    What type of property is this?
    Distribution property - New 17,032 SF Warehouse, I-20 Access
    Where is this distribution property located?
    The property is located at Basin St Penwell, TX.
    What are key features of this property?
    This property features: 17,032 SF industrial warehouse and distribution building.; Single-tenant occupancy; 17,032 SF currently vacant.; Situated on a 6.5-acre lot.
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    Basin St Penwell, TX 79763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Basin St Penwell, TX 79763
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