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Property profile & analytics
FOR SALE
Office buildings

14001 West Murphy St Odessa, TX 79763

2,684 SF 203.9 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4606754
Property summary
AI-generated overview

This exceptional 107.1-acre commercial land parcel presents a unique investment opportunity in the thriving Permian Basin of West Texas. Strategically located on West Murphy Street in Odessa, Texas, the property boasts an impressive 5,200 feet of frontage along Interstate 20, ensuring unparalleled visibility and accessibility. Its prime location offers significant advantages for businesses seeking high-traffic exposure and convenient transportation links. The property's substantial size allows for a wide range of development possibilities, from build-to-suit projects to speculative developments catering to the area's robust industrial growth. Further enhancing its appeal is the availability of Union Pacific Rail access, providing crucial logistical support for various industrial and commercial enterprises. The asking price is $6,961,500, translating to a land value of $65,000 per acre. This exceptional tract is surrounded by existing industrial development, solidifying its position as a premier location for future growth and expansion within the Permian Basin's dynamic economic landscape. The property is situated in Ector County, Texas, with a zip code of 79763. Its coordinates are 31.76734 latitude and -102.5150031 longitude. This is a rare opportunity to acquire a large, strategically located commercial land parcel with excellent access and visibility in one of the nation's most active energy regions.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 2,684 SF
Lot 203.9 ac (8,881,884 SF)
Zoning code EW7
APN 43470.00050.00000
UPID US82-4606754
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
  • Martin Transport Inc Freight Service Logistics Company
  • B&L Pipeco Services Warehouse & Storage
  • Summit Industrial Park Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
$585k
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
SUMITOMO CORP AMERICAS
SUMITOMO CORP AMERICAS
Zoning & alternative use
EW7 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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