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    198 Solo Rd Odessa, TX 79762

    For Lease
    $21 SF/Yr ($10,500 /Mo)

    Modern warehouse, 2.23 acres, excellent location.

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6,000-square-foot industrial warehouse is situated on a spacious 2.23-acre lot in Odessa, Texas. Strategically located between Interstate 20 and Business 20, just east of E Loop 338, this property offers unparalleled accessibility and visibility. The building itself boasts a 600-foot by 100-foot footprint, comprising approximately 5,000 square feet of shop space and 1,000 square feet of well-appointed office space. The office area includes four individual offices and a convenient break room. The shop area is equipped with four 14-foot overhead doors, facilitating efficient loading and unloading. Additional features include covered parking, a private water well, and a septic system, ensuring operational independence and cost-effectiveness. The property is currently vacant and available for lease at a rate of $10,500 per month, NNN, with lease terms negotiable. Built in 2014, this single-tenant warehouse in Ector County presents a rare opportunity for businesses seeking a modern, functional, and conveniently located industrial space. The property's size, amenities, and prime location make it an ideal choice for a variety of industrial operations.

    Property Features for 198 Solo Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    10500

    Building Details

    Year Built
    2014
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    6,000 SF
    Rate per SF
    $21

    HighLights

    • 6,000 SF warehouse on 2.23 acres in Odessa, TX.
    • Single‑tenant occupancy.
    • Built in 2014.
    • Features four 14‑foot overhead doors.
    • Located near I‑20 and Business 20.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.2920383
    Latitude
    31.8787018

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse, 2.23 acres, excellent location.
    Where is this distribution property located?
    The property is located at 198 Solo Rd Odessa, TX.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 6,000 SF warehouse on 2.23 acres in Odessa, TX.; Single-tenant occupancy.; Built in 2014.
    Request Owner's contact information
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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
    198 Solo Rd Odessa, TX 79762
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