Property profile

16740 Basin St Odessa, TX 79741

OFF-MARKET
Warehouses
15,290 SF Built 2023
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Property summary

AI-generated overview

This exceptional 15,290-square-foot industrial warehouse, constructed in 2023, presents a remarkable investment opportunity in Odessa, Texas. Located at 16740 W Basin St, 79741, this single-tenant property sits on a generous 5-acre lot, offering ample space for expansion or future development. The building boasts a striking two-story design with impressive ceiling heights ranging from 20 to 40 feet, providing versatile storage and operational capabilities. The entire 15,290 square feet is currently vacant, presenting a blank canvas for a discerning buyer to customize to their specific needs. Situated in Ector County, this property benefits from excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. The modern construction ensures energy efficiency and low maintenance costs. This is a rare opportunity to acquire a brand-new, large-scale industrial warehouse in a thriving Texas market. The property's size and location make it suitable for a wide range of industrial uses. The expansive lot provides significant room for expansion, truck maneuvering, and potential future development. Don't miss this chance to own a prime piece of industrial real estate in Odessa.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 15,290 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16740 Basin St Odessa, TX 79741
Odessa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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