16740 Basin St Odessa, TX 79763
This exceptional 17,790-square-foot warehouse in Odessa, Texas, presents a compelling investment opportunity. Built in 2023, this two-story structure sits on a 4.5-acre lot in the desirable Basin Industrial Addition. The warehouse boasts impressive ceiling heights ranging from 20 to 40 feet, providing ample space for various industrial uses. The property features a 21-foot eave height in the office area and a 24-foot eave height in the shop area. Additional acreage is available, up to a total of 18 acres, at $165,000 per acre. The building offers dual access via W Basin St and a second road behind the building. The second story is ready for finishing as office space or an apartment, and includes a kitchen. The property includes a metered water system and 3-phase 480-volt power. High-end construction is evident throughout. Optional additions include a wash bay and cranes. This prime location and modern design make this warehouse an exceptional investment opportunity, currently listed at $2,500,000. The property is also available for lease with varying terms and rates.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.