16571 Basin St Odessa, TX 79763
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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