Listing Agency: New Heights Real Estate, LLC C***@gmail.com Show Phone

Listed By: Cassandra "Cassie" Pearce 432-703-2545 · License #TX 588281

Source: Crexi

Added: May 1, 2025 Changed: Aug 14 Last Checked: Aug 29 at 3:15AM

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Investment Insights

Based on property information with market context.

This 6700 square foot flex space is located immediately off I-20 and FM 866. The property includes a 1600 square foot office space and a 5000 square foot shop area. The building also offers a second story that can be finished out for storage, potentially increasing the total area to 10,200 square feet. There are three drive-thru bays and HVAC. The office space features restrooms and a conference room. Restrooms are also located in the shop area. A wash bay option is available.

Key Highlights

• Prime location immediately off I‑20 and FM 866
• High‑end build with 6700 sqft (potential for 10,200 sqft with 2nd story and wash bay)
• 5000 sqft shop with 3 drive‑thru bays

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 79763, TX

39,767

Population

15,063

Households

2.6

Avg Household Size

33

Median Age

9%

College-Educated

70%

High-School Grad

50.4 sq mi

ZIP Area

789

Density / Sq Mi

$57,618

Median Household Income

$45,267

Median Earnings

$1,097

Median Rent

$127,300

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Flex space - 6700 Sqft flex space near I-20 and FM 866.

Where is this flex space located?

The property is located at 16571 W Basin Street Odessa, TX.

What are key features of this property?

This property features: Prime location immediately off I‑20 and FM 866; High‑end build with 6700 sqft (potential for 10,200 sqft with 2nd story and wash bay); 5000 sqft shop with **3 drive‑thru bays**