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    16751 Basin St Odessa, TX 79741

    For Sale
    $1,470,000

    9,800 SF Warehouse, 3.5 Acres, I-20 Access

    Property size:
    9,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9,800-square-foot warehouse, built in 2023, sits on a 3.5-acre corner lot with prime access to I-20 and FM 866 in Odessa, Texas. The two-story building boasts 20 to 40-foot ceiling heights, three drive-through bays, and a high-end finish. The property includes a spacious office area featuring his-and-hers restrooms and a conference room, plus additional restrooms in the shop area. A second-story area offers a washer/dryer hookup, restroom, and shower. An optional full kitchen and a wash bay are available for additional cost. The building is equipped for a secured IT room, ready for fiber optics, and features a metered water system and three-phase 480 power. A compressor line is also in place. The property includes 24-hour access and is currently under a two-year lease. This is an excellent investment opportunity. Located in Ector County, Texas, zip code 79741.

    Property Features for 16751 Basin St

    General Information

    Property type
    Distribution properties
    Square Feet
    9,800 SF
    Lot Size
    152,460 SF

    Building Details

    Year Built
    2023
    Stories
    2

    HighLights

    • 9,800 SF warehouse built in 2023 on a 3.5‑acre corner lot.
    • Prime I‑20 and FM 866 access in Odessa, TX (79741).
    • Features 20‑40' ceiling heights, three drive‑through bays, and high‑end finishes.
    • Includes spacious office with restrooms and conference room, plus shop restrooms and a second‑story area with washer/dryer hookup, restroom, and shower.
    • Optional kitchen and wash bay available.
    • Secured IT room ready for fiber optics, metered water, three‑phase 480 power, and compressor line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.5521733
    Latitude
    31.7660437

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    FAQs

    What type of property is this?
    Distribution property - 9,800 SF Warehouse, 3.5 Acres, I-20 Access
    Where is this distribution property located?
    The property is located at 16751 Basin St Odessa, TX.
    What is the asking price?
    The asking price for this property is $1,470,000.
    What are key features of this property?
    This property features: 9,800 SF warehouse built in 2023 on a 3.5-acre corner lot.; Prime I-20 and FM 866 access in Odessa, TX (79741).; Features 20-40' ceiling heights, three drive-through bays, and high-end finishes.
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    16751 Basin St Odessa, TX 79741
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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
    16751 Basin St Odessa, TX 79741
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