1881 Redline Ave Odessa, TX 79766
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.