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    1881 Redline Ave Odessa, TX 79766

    For Lease
    $14 SF/Yr

    3.6-acre industrial property near I-20.

    Lot size:
    7,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.6-acre industrial property, located at 1881 S Redline Ave, Odessa, TX 79766, offers a unique blend of office and shop space ideally suited for the energy sector. The single-tenant building boasts a modern office area complete with a break room, waiting area, and restrooms. The expansive shop area is equipped for crane operations and features five 14' x 14' bay doors, providing ample space for equipment and operations. The property enjoys excellent visibility from Interstate 20, providing significant marketing advantages. Its strategic location near the Delaware Basin oilfield, a key area within the Permian Basin, makes it highly attractive to oilfield service companies and manufacturers. The property's proximity to Midland International Air and Space Port further enhances its accessibility and logistical benefits. This turnkey facility is ready for immediate occupancy and presents a rare opportunity to establish a strong presence in one of the nation's most dynamic energy regions. The property is classified as Office, Industrial, and Land, with subtypes including Industrial, Commercial, Warehouse, Flex, and Manufacturing.

    Property Features for 1881 Redline Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,800 SF

    Unit(s) available at that property

    Space
    Size
    7,800 SF
    Rate per SF
    $14

    HighLights

    • Crane‑ready shop with overhead doors.
    • On‑site office space available.
    • 3.6‑acre yard.
    • Excellent visibility from I‑20, near the Delaware Basin.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.46371591278
    Latitude
    31.794074262125

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    FAQs

    What type of property is this?
    Manufacturing property - 3.6-acre industrial property near I-20.
    Where is this manufacturing property located?
    The property is located at 1881 Redline Ave Odessa, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Crane-ready shop with overhead doors.; On-site office space available.; 3.6-acre yard.
    Request Owner's contact information
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    Odessa, TX 79766
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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
    1881 Redline Ave Odessa, TX 79766
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