16691 Basin St Odessa, TX 79763
This exceptional 18,700-square-foot warehouse, built in 2020, presents a unique investment opportunity in Odessa, Texas. Situated on an 8.521-acre lot at 16691 W Basin St, zip code 79763, this single-tenant property boasts a highly desirable location, conveniently positioned near the intersection of I-20 and FM 866. The building is a two-story structure, zoned EC3 in Ector County. The entire 18,700 square feet is currently vacant and available for lease. Flexible lease options are available to suit various needs. One option includes the entire 8.521-acre lot, complete with a wash bay and the second story, for a monthly lease rate of $23,000. Alternatively, a 4.521-acre portion of the property is available, with or without the wash bay and second story. The 4.521-acre parcel without the wash bay and second story is available for $19,000 per month, while the same acreage with the wash bay and second story is offered at $21,000 per month. All options provide access to the full 18,700 square feet of warehouse space. This property represents a compelling opportunity for businesses seeking a modern, spacious warehouse in a strategic location with excellent highway access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.