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    5228 I-20 Odessa, TX 79763

    For Lease
    Contact for pricing

    5,000 SF Warehouse, 2.4 Acres

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional industrial property, located at 5228 Interstate 20, Odessa, TX 79763, offers a unique blend of warehouse and flex space, ideal for a variety of businesses. Situated on a fully fenced and caliche-surfaced 2.4-acre lot, this single-tenant property boasts convenient access to West Interstate 20 Service Road, just half a mile west of West Loop 338 and east of the FM 1936 exit. The property features a 5,000 square foot building, comprised of a 1,000 square foot office area and a 4,000 square foot shop. The office space includes three private offices, a break room, and a full bathroom, providing a comfortable and functional workspace. The shop area is equipped with three 14-foot overhead doors, facilitating easy loading and unloading of goods, and includes an enclosed lockable storage area for added security. Further enhancing the property's versatility are three RV hookups, perfect for accommodating trailers or mobile homes on-site. The property's location, ample space, and convenient features make it an attractive option for businesses seeking a well-maintained and functional industrial space in Odessa, Texas. The property's Ector County APN is 33900-01380-00000. Built in 2000, this property presents a solid investment opportunity.

    Property Features for 5228 I-20

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Building Details

    Year Built
    2000
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    5,000 SF

    HighLights

    • 5,000 SF industrial building on a 2.4‑acre lot in Odessa, TX.
    • Single‑tenant warehouse/flex space.
    • Built in 2000 with three drive‑in doors.
    • Features a 1,000 SF office with three offices, breakroom, and full bath.
    • Located near W Loop 338 and FM 1936, with convenient IH‑20 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.4273398
    Latitude
    31.8168235

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    FAQs

    What type of property is this?
    Flex space - 5,000 SF Warehouse, 2.4 Acres
    Where is this flex space located?
    The property is located at 5228 I-20 Odessa, TX.
    What are key features of this property?
    This property features: 5,000 SF industrial building on a 2.4-acre lot in Odessa, TX.; Single-tenant warehouse/flex space.; Built in 2000 with three drive-in doors.
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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
    5228 I-20 Odessa, TX 79763
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