3010 Tx-338 Loop Odessa, TX 79764
This exceptional industrial property in Odessa, Texas, presents a compelling investment opportunity. The 14,500-square-foot building sits on a generous 3.49-acre lot and is ideally suited for owner-users. The property features a versatile layout including a main shop area with impressive overhead crane capacity – two 5-ton and two 3-ton cranes – facilitating efficient material handling. The 28-foot eave height and nine 24' x 16' overhead doors provide ample access for various equipment and vehicles. Nine drive-in bays enhance operational flexibility. A substantial 50' x 50' parts room with a 10-foot overhead door and 15-foot eave height offers extensive storage capabilities. The shop also includes an office and restroom. A separate, remodeled 12,000-square-foot office space boasts three offices and two restrooms, providing comfortable administrative areas. Further enhancing storage options is a detached 500-square-foot storage building. The property is zoned for use outside city limits and was built in 1981. The asking price is $996,875, translating to $68.75 per square foot. This property is a prime location on Loop 338, offering excellent visibility and accessibility. The NNN lease type provides a straightforward ownership structure. The property is currently vacant, presenting immediate occupancy potential for a growing business.
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
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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.