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Property profile & analytics
OFF-MARKET
Distribution centers

1118 Walther Rd Odessa, TX 79763

16,763 SF 5 ac lot Built 2020
Individually Owned
Property ID
US83-0746883
Property summary
AI-generated overview

This exceptional Class A industrial property in Odessa, TX, offers a unique combination of warehouse and amenity-rich spaces, ideal for a variety of businesses. The complex encompasses 16,763 square feet across four distinct buildings situated on 5 acres of land. A substantial 12,000 square foot office/shop features tile flooring, eight private offices, a supervisor's office, four restrooms, two breakrooms, two conference rooms, and a large IT room. The adjacent 8,000 square foot shop boasts a 6-inch thick concrete slab, six drive-through bays with twelve 16' x 16' overhead doors, and two 20-ton bridge cranes. A 1,425 square foot enclosed wash bay with two 16' x 16' overhead doors and a trench drain system complements the shop. An attached 225 square foot insulated storage area houses an AquaChem pressure washing system. The property also includes a 4,400 square foot housing facility with 2,400 square feet of living space, featuring tile flooring, HVAC, a large living room, full kitchen, eight bedrooms, four bathrooms, and a large water heater. A 1,404 square foot paint booth with stainless steel walls, concrete flooring, a fan system, external exhaust, and a 288 square foot storage area completes the complex. The property features 24-foot ceilings, fifteen drive-ins, three-phase power, and is secured with three-strand security fencing and two 30-foot manual gates. The site includes 1.9 acres of stabilized asphalt and 0.6 acres of stabilized caliche. Built in 2020, this single-tenant property presents a rare opportunity for a discerning buyer.

Property profile
Verified
Property type Distribution centers
Year built 2020
Total area 16,763 SF
Lot 5 ac (217,800 SF)
UPID US83-0746883
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rebecca Kae Fletcher
Rebecca Kae Fletcher
since 2025
3 recorded transactions
2025
Price N/A
2021
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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