2540 Cole St Odessa, TX 79766
This exceptional property in South Odessa, Texas, presents a unique live-work opportunity. Situated on a 2.08-acre lot, it features two warehouses totaling 7,572 square feet and a 1,280-square-foot house. The main warehouse boasts 4,800 square feet, including an 800-square-foot office and a 4,000-square-foot warehouse area with a secure parts storage section. Three 14-foot and one 10-foot overhead doors provide convenient truck access. The second warehouse offers 2,772 square feet, equipped with two sliding doors and two Conex boxes for additional secure storage. The 3-bedroom house provides comfortable living quarters. Built in 2013 and renovated in 2021, this property has 14-foot ceilings in the warehouses. The property is zoned outside city limits in Ector County and has the address 2540 Cole St, Odessa, TX 79766. This versatile property is ideal for a business owner seeking both workspace and residential accommodations in a growing industrial area. The property's location offers easy access to major transportation routes and is well-suited for various industrial and commercial uses. This is a rare opportunity to acquire a substantial property with significant potential.
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
Similar Nearby for Lease
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.