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    531 Patrick Ave Odessa, TX 79763

    • Warehouses
    • 11,904 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 531 Patrick Ave

    Year built
    2022
    Property size
    11,904 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.55
    Latitude
    31.8072

    Comparable in this City

    • Value Estimation by Request
      10,200 SF

      16571 Basin St

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      16571 Basin St, Odessa, TX 79763
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    • Value Estimation by Request
      22,857 SF

      1506 2Nd St

      Distribution properties • 22,857 SF
      1506 2Nd St, Odessa, TX 79763
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    • Value Estimation by Request
      5,000 SF

      2780 Fm 866

      Distribution properties • 5,000 SF
      2780 Fm 866, Odessa, TX 79763
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    • Value Estimation by Request
      5.00 Acres

      16740 Basin St

      Distribution properties • 18,300 SF
      16740 Basin St, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      18,700 SF

      16691 Basin St

      Distribution properties • 18,700 SF
      16691 Basin St, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      3,250 SF

      2450 I-20

      Distribution properties • 3,250 SF
      2450 I-20, Odessa, TX 79763
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,000 SF

      Odessa Industrial Flex Space

      9,000 SF Flex Warehouse, Lease Option Available
      1606 Regal Ave, Odessa, TX 79763
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    • Contact for pricing
      10,200 SF

      Kinsley Build: Odessa Industrial Space

      Modern Odessa warehouse, office, & shop space.
      16571 Basin St, Odessa, TX 79763
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    • Contact for pricing
      12,750 SF

      Odessa Transload Facility on 43 Acres

      Transload facility in Odessa, Texas with rail spurs and silos.
      3215 W Murphy St, Odessa, TX 79763
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    • $900,000
      22,800 SF

      Odessa Manufacturing/Warehouse Property For Sale

      Gated commercial property with multiple buildings, cranes, and office space.
      5263 W University Blvd, Odessa, TX 79763
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    • $2,433,018
      18,732 SF

      New Warehouse on 5.5 Acres

      New warehouse under construction on 5.5 acres in Odessa.
      16511 W Basin St, Odessa, TX 79763
      View Details
    • $1,150,000
      5.00 Acres

      5-Acre Commercial Property on I-20

      5-acre property with metal building and office space in Odessa.
      8220 W I-20 Service Rd, Odessa, TX 79763
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Odessa Industrial Warehouse For Lease

      5,000 SF Warehouse, 2.4 Acres
      5228 I-20, Odessa, TX 79763
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    • Contact for pricing
      6,250 SF

      Odessa Warehouse: Build-to-Suit

      6,250 SF Warehouse, West Odessa, TX
      8340 Boles Rd, Odessa, TX 79763
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    • Contact for pricing
      3,250 SF

      2450 I-20

      Distribution properties • 3,250 SF
      2450 I-20, Odessa, TX 79763
      View Details
    • $2 SF/Yr
      5,000 SF

      West Odessa Industrial Building

      New 5,000 SF Manufacturing/Warehouse
      14010 Silver Fox Trl, Odessa, TX 79763
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    • Contact for pricing
      17,032 SF

      Modern Warehouse on 6.5 Acres

      New 17,032 SF Warehouse, I-20 Access
      0 Basin St, Penwell, TX 79763
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    • $13 SF/Yr
      12,936 SF

      Odessa Industrial Property For Lease

      12,936 SF Warehouse, Showroom, Wash Bay
      1622 2Nd St, Odessa, TX 79763
      View Details
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    531 Patrick Ave
    Odessa, TX 79763
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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
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