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11950 I-20 Odessa, TX 79765

OFF-MARKET Warehouses Google Maps
9,000 SF 3.06 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional industrial property, located at 11950 I-20 in Odessa, Texas, presents a significant leasing opportunity. The property encompasses 9,000 square feet of warehouse space within three buildings, situated on a generous 3.06-acre lot. Classified as Class C, this single-tenant property offers ample space for various industrial uses, from distribution to manufacturing. The expansive land area allows for significant operational flexibility and future expansion. Conveniently located near I-20 and the Odessa-Midland International Airport, this site provides unparalleled access to major transportation arteries, making it ideal for logistics and distribution businesses. The property boasts unlimited parking and is zoned for industrial use. No elevators are present. The monthly lease rate is $14,000, with an estimated monthly NNN expense of $1,200. This prime location, combined with the substantial space and excellent connectivity, makes this property an attractive investment for businesses seeking to establish or expand their operations in the thriving Odessa, Texas market. The property's proximity to rail facilities further enhances its appeal for companies involved in logistics and trade.

Property profile

Verified
Property type Warehouses
Total area 9,000 SF
Lot 3.06 ac (133,294 SF)

Cap rate & NOI

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

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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