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    850 I-20 Odessa, TX 79763

    Sponsored
    For Lease
    $2 SF/Yr ($710 /Mo)

    Prime Odessa location, 4,000 sqft available.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, situated on I-20 West just outside Odessa, TX, offers a unique investment opportunity. The property encompasses three buildings totaling 4,000 square feet of space, currently entirely vacant and ready for immediate occupancy. The flexible layout includes retail, office, and shop space, potentially adaptable to a variety of business needs. A mezzanine level adds extra versatility. Separate storage buildings provide additional storage capacity. The property boasts several convenient access points off the I-20 West service road, ensuring high visibility and easy accessibility. Rail access is also available on-site. The lot size is substantial, ranging from 5 to 15 acres, offering ample space for expansion or future development. The property was constructed in 1999. Water tanks are needed; a well is not present. The lease price is negotiable, depending on the lease term, and the property may also be available for purchase at a negotiated price. There is potential for more acreage to be included in the sale or lease. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Odessa area. Serious inquiries are encouraged to discuss lease or purchase options.

    Property Features for 850 I-20

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    710

    Building Details

    Year Built
    1999
    Buildings
    3

    Unit(s) available at that property

    Space
    1st Floor
    Size
    4,000 SF
    Rate per SF
    $2
    Space
    Available Space
    Size
    653,400 SF

    HighLights

    • Prime I‑20 West frontage location just outside Odessa, TX.
    • Three buildings totaling 4,000 square feet.
    • 100% vacant, 4,000 square feet available for lease.
    • Lot size: 5‑15 acres (additional acreage may be available).
    • Built in 1999.
    • Includes shop, office space, and mezzanine.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.5913146
    Latitude
    31.7371247

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    FAQs

    What type of property is this?
    Individual retail property - Prime Odessa location, 4,000 sqft available.
    Where is this individual retail property located?
    The property is located at 850 I-20 Odessa, TX.
    What is the lease rate?
    The lease rate is $0.00-$2 SF/Yr.
    What are key features of this property?
    This property features: Prime I-20 West frontage location just outside Odessa, TX.; Three buildings totaling 4,000 square feet.; 100% vacant, 4,000 square feet available for lease.
    Request Owner's contact information
    850 I-20 Odessa, TX 79763
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    Odessa, 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
    850 I-20 Odessa, TX 79763
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