Listing Agency: Invest Texas Real Estate

Listed By: Blake Loyd · License #828789 Show Phone

Source: Crexi

Added: Jun 11, 2024 Changed: Sep 10 Last Checked: Sep 14 at 6:54AM

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Investment Insights

Based on property information with market context.

Land is available for user or developer in Odessa, Texas. The property is located next to a railroad and includes a 5,000 square foot shop, a single family home, and multiple warehouses.

Key Highlights

• User/developer land available
• Located in Odessa, Texas
• Includes a 5,000 SF Shop

Property Analytics

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Current Use

Varela Diesel, LLC Auto Repair Shop 5 J Trucking ... Trucking Company

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

178

Businesses Nearby

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

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Land with shop, home, and warehouses in Odessa, Texas.

Where is this land located?

The property is located at 2451 W Murphy St Odessa, TX.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: User/developer land available; Located in Odessa, Texas; Includes a **5,000 SF Shop**