4950 Andrews Hwy Odessa, TX 79762
- Distribution centers
- 8,120 SF
- 10.46 lot acres
Current Use by Public Records
- NOV Tuboscope / Oil Field Equipment Supplier
Property Details for 4950 Andrews Hwy
- Year built
- 1981
- Lot size
- 10.46 lot acres
- Property size
- 8,120 SF
- Property type
- Distribution centers
Description
This exceptional industrial property, located at 4950 Andrews Highway in Odessa, Texas, presents a significant investment opportunity. The property encompasses two buildings totaling 8,120 square feet situated on a generous 10.46-acre lot. The front building offers 6,000 square feet of space, while the rear building provides an additional 2,120 square feet, offering flexibility for various operational needs. Built in 1981, the property is well-maintained and features city water and sewer utilities. A substantial caliche yard and perimeter fencing enhance the property's functionality and security. Its strategic location on Andrews Highway (Highway 385), less than a mile from 42nd Street (Highway 191), provides convenient access to Odessa's major thoroughfares and benefits from high traffic volume. The surrounding area is characterized by other industrial users, creating a synergistic environment. This property is ideally suited for an oilfield service company or similar business requiring ample space and convenient access to Odessa's transportation network. The asking price is $690,200. The property's zip code is 79762, and it's located in Ector County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.385358
- Latitude
- 31.891054