Property profile

8866 Loop 338 Odessa, TX 79764

OFF-MARKET
Warehouses
95,000 SF 35.12 ac lot
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Property summary

AI-generated overview

This exceptional industrial property in Odessa, Texas, presents a significant investment opportunity. Located on Loop 338, offering easy access to I-20 and Hwy 158, this expansive 35.12-acre site boasts a substantial 95,000 square feet of industrial space. The building features 20,500 square feet of office space and 74,500 square feet of warehouse space, perfectly suited for manufacturing, warehousing, or distribution. The warehouse is equipped with 28-foot ceilings, providing ample vertical space, and includes 21 grade-level doors and six drive-in bays for efficient loading and unloading. A total of sixteen cranes are installed on the property, ranging in capacity from 1 to 20 tons, enhancing operational capabilities. The property also includes a fueling island and is fully fenced with secure access, ensuring the safety and security of operations. The asking price is $5,250,000, with a price per square foot of $55.26. This property's prime location, extensive space, and advanced infrastructure make it an ideal choice for a variety of industrial businesses. Thirteen permanent structures, a mix of warehouse and office space, further enhance the property's versatility and value. The property's strategic location provides convenient access to major transportation arteries in Odessa, Texas, making it an attractive option for businesses seeking efficient logistics and distribution capabilities.

Property profile

Verified
Property type Warehouses
Total area 95,000 SF
Lot 35.12 ac (1,529,827 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8866 Loop 338 Odessa, TX 79764
Odessa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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