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    5327 42Nd St Odessa, TX 79764

    For Sale
    $900,000

    Prime industrial property; large shop & office.

    Property size:
    4,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Odessa, Texas industrial property presents a compelling investment opportunity. Situated on a substantial 4.7-acre lot, the property boasts a spacious 4,000 square foot shop ideally suited for manufacturing, warehousing, or distribution needs. Accompanying the shop is a well-appointed 960 square foot office space, providing comfortable and functional administrative quarters for employees or executives. Constructed in 1982, the property benefits from its location within a thriving industrial sector of Odessa, offering excellent access to transportation routes and a skilled workforce. The expansive lot size provides ample room for expansion, future development, or additional storage. This property represents a rare chance to acquire a well-established industrial asset in a dynamic and growing market. The combination of a large shop, functional office space, and generous lot size makes this an attractive option for businesses seeking to establish or expand their operations in the Odessa area. The asking price is $900,000. The total square footage is 4,960.

    Property Features for 5327 42Nd St

    General Information

    Property type
    Specialty properties
    Square Feet
    4,960 SF
    Lot Size
    204,732 SF

    Building Details

    Year Built
    1982

    HighLights

    • 4.7‑acre lot in Odessa, TX.
    • 960 sq ft office.
    • 4,000 sq ft shop ideal for manufacturing, warehousing, or distribution.
    • Excellent location in a robust Odessa industrial area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kelley's Tool Works ... Machine Shop Anaya Trucking LLC Transportation Service Reliable Insurance Insurance Company

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Other
    State
    Texas
    Longitude
    -102.4472309
    Latitude
    31.8680886

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    FAQs

    What type of property is this?
    Specialty property - Prime industrial property; large shop & office.
    Where is this specialty property located?
    The property is located at 5327 42Nd St Odessa, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 4.7-acre lot in Odessa, TX.; 960 sq ft office.; 4,000 sq ft shop ideal for manufacturing, warehousing, or distribution.
    (956) 522-1481
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    5327 42Nd St Odessa, TX 79764
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    Odessa, TX 79764
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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
    5327 42Nd St Odessa, TX 79764
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