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Property profile & analytics
OFF-MARKET
Warehouses

850 I-20 Odessa, TX 79776

4,000 SF 0.29 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Warehouses
Year built 1999
Total area 4,000 SF
Lot 0.29 ac (12,632 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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