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    4810 Andrews Hwy Odessa, TX 79762

    For Sale
    $500,000

    Prime Odessa warehouse, 7,760 SF, highway frontage.

    Property size:
    7,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,760-square-foot warehouse, situated on a 2.25-acre lot in Odessa, Texas, presents a compelling investment opportunity. Built in 1976, the property boasts an excellent location with direct highway frontage on Andrews Highway, offering unparalleled visibility and accessibility. The asking price is $500,000, translating to a price per square foot of $64.43. Previously utilized as a self-storage facility, this well-maintained building offers significant potential for a variety of businesses. The property includes over 7,760 square feet of warehouse space, plus additional covered area (canopy) exceeding 13,000 square feet, along with two separate shops and dedicated office space. Its adaptable layout and ample storage capacity make it ideally suited for a small oilfield service company or similar enterprise requiring substantial storage and operational space. The property's location in Ector County, Texas, zip code 79762, provides easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-positioned, versatile industrial property in a dynamic market.

    Property Features for 4810 Andrews Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    7,760 SF
    Lot Size
    98,010 SF

    Building Details

    Year Built
    1976

    HighLights

    • $500,000 asking price for this 7,760 SF warehouse.
    • Located at 4810 Andrews Hwy, Odessa, TX 79762.
    • Price per square foot is $64.43.
    • Built in 1976, situated on a 2.25‑acre lot.
    • This industrial property features highway frontage and is ideal for various uses, including oilfield services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3866378
    Latitude
    31.8899157

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    FAQs

    What type of property is this?
    Distribution property - Prime Odessa warehouse, 7,760 SF, highway frontage.
    Where is this distribution property located?
    The property is located at 4810 Andrews Hwy Odessa, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for this 7,760 SF warehouse.; Located at 4810 Andrews Hwy, Odessa, TX 79762.; Price per square foot is $64.43.
    Request Owner's contact information
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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
    4810 Andrews Hwy Odessa, TX 79762
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