Basin St Odessa, TX 79763

Property Details for 0 Basin St

Year built

2022

Lot size

5.00 lot acres

Property size

15,000 SF

Property type

Warehouses

Property subtype

Office Properties & Spaces

Description

This exceptional 15,000-square-foot warehouse in Odessa, Texas, presents a compelling investment opportunity. Built in 2022, this two-story structure sits on a five-acre lot and offers a flexible layout suitable for various industrial or office uses. The property features a metal frame, stucco exterior, and a metal roof. The lot is fenced with an automatic gate and chain link fencing. Utilities are connected, including electricity, water, and a three-phase system. A private sewer and water system are in place. The warehouse boasts ceiling heights ranging from less than 20 feet to 20-40 feet, providing ample vertical space. Parking consists of three spaces. The asking price is $1,690,000, translating to $112.67 per square foot and $338,000 per acre for the land. The property is currently vacant and available for sale under a Net Net Net (NNN) lease type. Additional features include a metered water system and a septic system. The property is located on a paved road and has road frontage on a county road and other roadways. Construction details include a slab foundation. Options for additional improvements, such as a wash bay and a second-story build-out, are available at additional costs. Seller financing may be possible. The property is currently under construction, with an estimated completion date approximately five months from the listing date (this timeframe should be independently verified). There are no known restrictions on the property. Additional acreage, ranging from 5 to 35 acres, may also be available.

Location Insight

City

Odessa

County

Ector

State

Texas

Longitude

-102.481

Latitude

31.8073