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Property profile & analytics
OFF-MARKET
Warehouses

1220 Faudree Rd Odessa, TX 79766

24,000 SF 5.11 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional 24,000-square-foot Class A industrial facility, situated on a spacious 5.11-acre lot in Midland County, presents a unique opportunity. Built in 2019, this single-tenant property boasts a 4,000-square-foot, two-story office space featuring a striking masonry facade, large windows, and high-quality finishes. The office area includes a well-appointed conference room, breakroom, multiple private offices, cubicle space, and restrooms on both floors, offering ample room for customization. The expansive 20,000-square-foot shop area features a remarkable 28-foot eave height, easily accommodating multiple 10-ton cranes with a 19-foot hook height. Five drive-through bays provide convenient access for 18-wheelers, and an 80-foot-wide enclosed wash bay, complete with an 8-foot partition wall allowing crane access, adds significant functionality. The property is zoned for industrial use and includes approximately 50 paved parking spaces. Two access gates from Faudree Road ensure convenient ingress and egress. Available for occupancy April 1, 2025. This property is ideal for businesses requiring a modern, efficient, and well-equipped warehouse and office space.

Property profile
Verified
Property type Warehouses
Year built 2019
Total area 24,000 SF
Lot 5.11 ac (222,592 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
Current use
Occupant on record · Public records
  • Griffin Pump Warehouse & Storage
  • Cross Country Pipeline Big Box & Wholesale Store
  • Cross Country Infrastructure Services Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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