1017 4Th St Odessa, TX 79761
This exceptional 1,800 square foot industrial property, located at 1017 E 4th Street in Odessa, Texas, presents a unique investment opportunity. Built in 1977, this vacant building sits on a 0.3-acre lot and offers a flexible space suitable for a variety of commercial uses. Classified as both flex and warehouse space, the property's adaptability makes it an attractive option for entrepreneurs and businesses seeking a versatile location. The single building provides ample space for operations, storage, or a combination of both. Its location in Odessa, Ector County, Texas, 79761, offers convenient access to transportation routes and a thriving local market. The asking price is $325,000. This property is ideal for businesses seeking a blend of office and warehouse space, or those requiring a large, adaptable footprint for their operations. The 0.3-acre lot provides additional outdoor space, potentially suitable for storage, parking, or expansion. This is a prime opportunity to acquire a well-located, versatile industrial property in a growing Texas market. The property is currently vacant, allowing for immediate occupancy and customization to meet specific business needs.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.