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Property profile & analytics
OFF-MARKET
Warehouses

16571 Basin St Odessa, TX 79763

8,600 SF 5 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 8,600 square foot commercial property in Odessa, Texas, presents a unique investment opportunity. Located at 16571 W Basin St, this 2-story building boasts a prime location immediately off I-20 and FM 866, offering unparalleled accessibility. The property features a blend of executive office space (1600 sq ft on the main floor and 1600 sq ft on the second floor), a spacious 5000 sq ft warehouse/shop area, and a potential 1000 sq ft wash bay. The building, constructed in 2022, has a 22-foot ceiling height in the shop area, three drive-thru bays, and is situated on a 5-acre lot. The office space is finished to a high standard, including his/her restrooms and a conference room. Additional restrooms are located in the shop area. The shop area is 50' x 100' and features 3-phase, 480-volt power. The second story offers unfinished storage space with the potential for build-out. The property is zoned EC2 and is offered for sale at $1,600,000. A three-year NNN lease is available at $14,700 per month. There are no known restrictions on the property.

Property profile
Verified
Property type Warehouses
Year built 2022
Total area 8,600 SF
Lot 5 ac (217,800 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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