2780 Fm 866 Odessa, TX 79763
This exceptional 5,000-square-foot commercial property in Odessa, Texas, presents a unique investment opportunity. Located at 2780 FM 866 in Ector County, this Class B building boasts a blend of executive office space and warehouse functionality, perfect for a variety of businesses. Built in 2019, the single-story structure sits on a 2-acre fenced and cleared caliche lot, offering ample space and privacy. The property includes a new septic system, chain-link fence, RV hookup, and a small office building with a restroom and shop. Additionally, there's an incomplete two-story office structure, a water well with an inspection report, a gate, and 24-hour access. The property is zoned EC2 and offers 10 parking spaces per 1,000 square feet. The asking price is $709,000, and the seller may consider lease terms or seller financing. This versatile property offers significant potential for growth and return on investment. Its combination of office and warehouse space, along with the extensive outdoor area and convenient amenities, makes it an attractive option for entrepreneurs and investors alike. The property's location in Odessa, Texas, provides easy access to major transportation routes and a thriving business community.
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
Similar Nearby for Lease
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.