You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Warehouses

201-219 1St St Odessa, TX 79761

11,372 SF Built 1983
Property ID
Property summary
AI-generated overview

This exceptional Odessa, Texas property, located at 201-219 W 1st St, offers a unique investment opportunity. The property consists of two metal buildings totaling over 11,372 square feet on a lot owned by the railroad. The larger building boasts approximately 7,000 square feet of warehouse space, 2,000 square feet of office space, and a 1,500-square-foot mezzanine for additional storage. This building is equipped with a 5-ton crane and a 16' x 14' automatic overhead door, ideal for various industrial uses. The second building provides an additional 1,800 square feet of warehouse space. The property benefits from a convenient location parallel to 1st Street and features direct access to an active railroad line. The seller pays approximately $5,500 annually to the railroad for land use. Built in 1983, this two-story property is zoned for industrial, mixed-use, office, and retail purposes, making it suitable for a variety of businesses. The property is being sold as-is. Potential buyers are responsible for verifying taxes, restrictions, zoning, utilities, easements, and other relevant details. The asking price is $450,000, with a price per square foot of $39.57. The property's APN is BL400.19544.00000. This multi-tenant property presents a compelling opportunity for investors seeking a versatile industrial space with excellent access to transportation.

Property profile
Verified
Property type Warehouses
Year built 1983
Total area 11,372 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 201-219 1St St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message