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    8800 Tx-338 Loop Odessa, TX 79764

    For Lease
    Contact for pricing

    Prime Odessa warehouse, 13.5 acres, newly renovated.

    Lot size:
    52,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional industrial property, located at 8800 TX-338 Loop in Odessa, Texas, presents a unique opportunity for businesses seeking a spacious and strategically located facility. The newly renovated 52,810-square-foot warehouse sits on a generous 13.5-acre lot, offering ample space for expansion and future growth. Built in 1980 and completely renovated in 2024, the property boasts a 40-foot ceiling height, ideal for various industrial uses. The warehouse space is divisible, accommodating tenants requiring between 20,000 and 30,000 square feet. In addition to the expansive warehouse area, the property includes 2,960 square feet of newly remodeled office space, complete with a large break area. The facility is equipped with five 5-ton and three 3-ton cranes, enhancing operational efficiency. Access is provided via two overhead doors and eight hangar doors (dimensions available upon request). Zoned outside city limits in Ector County (zip code 79764), this location offers unparalleled accessibility, with proximity to the Odessa-Schlemeyer Field Airport and Midland International Air & Space Port. The property's location off the newly expanded and paved TX-338 Loop ensures convenient transportation and logistics. Available December 2024. This property is perfect for manufacturing, distribution, or multi-purpose industrial operations.

    Property Features for 8800 Tx-338 Loop

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,810 SF

    Building Details

    Year Built/Renovated
    1980/2024

    Unit(s) available at that property

    Space
    Size
    52,810 SF

    HighLights

    • 52,810 SF building on a 13.5‑acre lot.
    • 2,960 SF of newly renovated office space.
    • Large break room.
    • Five 5‑ton and three 3‑ton cranes available.
    • Eight hangar doors and two overhead doors.
    • Renovated in 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.43578062
    Latitude
    31.92996503

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    FAQs

    What type of property is this?
    Distribution property - Prime Odessa warehouse, 13.5 acres, newly renovated.
    Where is this distribution property located?
    The property is located at 8800 Tx-338 Loop Odessa, TX.
    What are key features of this property?
    This property features: 52,810 SF building on a 13.5-acre lot.; 2,960 SF of newly renovated office space.; Large break room.
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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

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    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
    8800 Tx-338 Loop Odessa, TX 79764
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