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Property profile & analytics
OFF-MARKET
Warehouses

1881 Redline Ave Odessa, TX 79766

Property ID
Property summary
AI-generated overview

This exceptional 3.6-acre industrial property, located at 1881 S Redline Ave, Odessa, TX 79766, offers a unique blend of office and shop space ideally suited for the energy sector. The single-tenant building boasts a modern office area complete with a break room, waiting area, and restrooms. The expansive shop area is equipped for crane operations and features five 14' x 14' bay doors, providing ample space for equipment and operations. The property enjoys excellent visibility from Interstate 20, providing significant marketing advantages. Its strategic location near the Delaware Basin oilfield, a key area within the Permian Basin, makes it highly attractive to oilfield service companies and manufacturers. The property's proximity to Midland International Air and Space Port further enhances its accessibility and logistical benefits. This turnkey facility is ready for immediate occupancy and presents a rare opportunity to establish a strong presence in one of the nation's most dynamic energy regions. The property is classified as Office, Industrial, and Land, with subtypes including Industrial, Commercial, Warehouse, Flex, and Manufacturing.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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