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Property profile & analytics
OFF-MARKET
Warehouses

16691 Basin St Odessa, TX 79763

18,700 SF Built 2020
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2020
Total area 18,700 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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