Property summary
This exceptional 3,950-square-foot warehouse, situated on a 0.71-acre lot in Odessa, Texas, presents a compelling investment opportunity. Built in 1981 and renovated in 2018, this Class C industrial property boasts a single-story metal building with a 16-foot ceiling height. The layout includes approximately 3,200 square feet of shop space and 750 square feet of office space, perfectly suited for businesses requiring both. The property features two 12' wide x 14' high bay doors, a 2-ton hoist, and a 3-phase 480v power supply. Its strategic location on S. County Rd 1305 offers convenient access to IH-20, FM 1788, and Loop 338, providing easy travel throughout the Permian Basin. The property is fully fenced and stabilized, ensuring security and ease of operation. Priced at $495,000 ($125.32/sq ft), this warehouse represents a strong value in a prime location. The permitted zoning is Outside City Limits. This is a single-unit property with no loading docks or dock-high doors. This is an excellent opportunity for businesses seeking a well-maintained and conveniently located warehouse in the thriving Odessa market.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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