0 Basin St Penwell, TX 79763
This exceptional industrial property, located at 16791 W Basin St in Ector County, offers a brand-new, single-tenant warehouse spanning 17,032 square feet. Built in 2024, this two-story structure sits on a generous 6.5-acre lot, providing ample space for operations and future expansion. The warehouse features a significant covered awning adding an extra 1,700 square feet of sheltered area. Currently vacant, this property presents a unique opportunity for immediate occupancy. Its strategic location offers convenient access to Interstate 20 West and Highway FM 866, via exit 104/FM 866, ensuring efficient transportation and logistics. The property's Parcel Number (APN) is 018410011000000. The building is designed similarly to another successful project, promising high-quality construction and functionality. With an expected completion date of 3-4 months (expedited with a lease contract), this property is ready for immediate development and occupancy. This is an ideal location for businesses requiring significant warehouse space and easy highway access. The property is classified as Industrial, with a subtype of Warehouse and Distribution.
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.