850 I-20 Odessa, TX 79776
This exceptional 4,000-square-foot property, situated at 850 W I-20 in Penwell, Texas (zip code 79776), offers a unique blend of office and industrial space. Built in 1999, the property features three buildings on a lot ranging from 0.29 to 5 acres, zoned EC2. The main building boasts a spacious warehouse area with a mezzanine level and a smaller, remodeled office space, including updated restrooms. A new bay door enhances functionality. The property also includes separate storage buildings. This prime location offers exceptional visibility and accessibility from Interstate 20 West's service road, with multiple access points. Rail access is available. The property is ideal for businesses needing both office and warehouse space, and is conveniently located near the new OXI plant and the planned Nacero plant. Water tanks are needed
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
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.