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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

14410 14480 14450 Odessa, TX 79763

18,700 SF 5 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 18,700 square foot executive office complex, built in 2023, is situated on a 5-acre lot with prime I-20 frontage in Odessa, Texas (zip code 79763). The property features a 16,000 square foot shop area and a 4,500 square foot office space. The office areas include HVAC on both the first and second floors. Additional features include an 80 x 35 square foot overhang, a covered mechanic pit in the rear, and a small apartment and additional offices on the second story. The property is DOT approved, offering convenient access. The asking price is $2,400,000. Lease options are available, with a current rate of $23,000 per month NNN for a 5-10 year lease, including a 3% annual increase in years 7 and 9. A shorter 1-5 year lease is also available at $24,000 per month NNN, with a 3% annual increase in years 3, 5, and 7. A special discount is offered for the purchase of multiple adjacent units.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 18,700 SF
Lot 5 ac (217,800 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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