Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4519 Brazos Ave Odessa, TX 79764

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Three-building warehouse, ample yard space.

    Lot size:
    41,360 SF

    Property Features for 4519 Brazos Ave

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,360 SF
    Total Rate
    21541.67

    Spaces For Lease

    at 4519 Brazos Ave, Odessa, TX 79764 Contact us
    Unit

    $6 /Mo

    Size
    41,360 SF
    Contact us

    We can help!

    Listing Contact
    Wes Gotcher
    Wes Gotcher

    Listing Agency: Moriah Real Estate Company, LLC Listing Agent: Wes Gotcher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property in Odessa, Texas, offers a unique opportunity to lease a versatile three-building complex ideally suited for manufacturing or service companies handling heavy equipment. The main warehouse boasts 19,880 square feet and features multiple overhead cranes, enhancing operational efficiency. A second warehouse adds another 21,480 square feet of space, providing significant capacity for storage or production. An additional 5,203 square feet of storage space in a third building is included at no extra cost to the tenant, though it is not factored into the lease rate. The buildings are available for lease individually or as a complete complex. The property sits on a substantial 2.7-acre lot, offering ample space for outdoor storage, fleet parking, and maneuvering heavy equipment. Strategically located on Brazos Avenue, this property provides convenient access to North County Road West and Highway 191, ensuring seamless transportation and logistics. The total building square footage is 41,360 square feet. This prime location and versatile layout make this an exceptional opportunity for businesses seeking a well-equipped and spacious industrial facility in the thriving Odessa market. The property is single-tenant occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H & T Auger ... Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.4053668
    Latitude
    31.8823439

    Nearby Similar for Lease

    • New
      $3,000 /Mo
      1,500 SF

      New Retail Space For Lease

      New 1500 SF retail space available for lease.
      3601 Billy Hext Rd, Odessa, TX 79765
      View Details
    • New
      $6,000 /Mo
      5,000 SF

      Versatile Commercial Space in Odessa

      Office, storage, and shop space available for lease.
      Odessa, TX 79764
      View Details
    • $3,000 /Mo
      1,500 SF

      New Retail Space For Lease

      New 1500 SF retail space available for lease.
      3601 Billy Hext Rd, Odessa, TX 79765
      View Details
    • $6,000 /Mo
      3,600 SF

      Commercial Shop with Offices, Kitchen

      Multi-use commercial shop with offices, restrooms, and high-clearance workshop.
      15456 W University Blvd, Odessa, TX 79764
      View Details
    • $4,000 /Mo
      1,500 SF

      Office Space For Rent

      Office spaces available in a high-traffic Odessa location.
      10700 W 42Nd St, Odessa, TX 79764
      View Details
    • Contact for pricing
      5,000 SF

      Downtown Odessa Office Sublease Opportunity

      Prime office space available for sublease in downtown Odessa.
      700 N Grant Ave, Odessa, TX 79761
      View Details
    • $26 SF/Yr
      3,500 SF

      Retail/Office Space in Odessa, TX

      Available retail or office space in fast-growing North Odessa.
      1807 E 87Th St, Odessa, TX 79765
      View Details
    • $10,000 /Mo
      7,650 SF

      Odessa Industrial Property on Loop

      Industrial property with office and shop space on 10 acres.
      490 Loop 338 SE, Odessa, TX 79766
      View Details
    • $2,300 /Mo
      1,680 SF

      Industrial Property Ready For Lease

      Two-building industrial property with yard, ready for immediate lease.
      16319 W 39Th St, Odessa, TX 79764
      View Details
    • $400 /Mo
      80 SF

      Professional Office Space For Rent

      Professional office space available in a convenient Odessa location.
      4200 Maple Ave, Odessa, TX 79761
      View Details
    • $400 /Mo
      80 SF

      Professional Office Space Available

      Professional office space for rent in a convenient location.
      4200 Maple Ave, Odessa, TX 79761
      View Details
    • $8,000 /Mo
      6,200 SF

      Commercial Office and Shop Space

      6,200 SF office and shop on 1.5-acre corner lot.
      4424 W 8Th St, Odessa, TX 79763
      View Details

    FAQs

    What type of property is this?
    Distribution center - Three-building warehouse, ample yard space.
    Where is this distribution center located?
    The property is located at 4519 Brazos Ave Odessa, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 41,360 SF three-building industrial complex on a 2.7-acre lot in Odessa, TX.; Seven grade-level doors.; Five offices, break room, and reception area.
    (432) 682-2510 Call to check price and availability
    Request Owner's contact information
    4519 Brazos Ave Odessa, TX 79764
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4519 Brazos Ave
    Odessa, TX 79764
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4519 Brazos Ave Odessa, TX 79764
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Wes Gotcher
    Wes Gotcher
    (432) 682-2510 (432) 853-9783
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!