1425 4th St Odessa, TX 79761-5301
This 3,500 square foot industrial property, located at 1425 E 4th St in Odessa, Texas, presents a compelling investment opportunity. Built in 1978, this single-building structure sits on a 0.222-acre lot and is zoned for manufacturing and warehouse use. Previously utilized as a fabrication shop, the property offers versatile space suitable for various industrial ventures, including oilfield services, workshops, or manufacturing operations. The building includes existing utilities and has the potential for bathroom addition, enhancing its functionality. Priced at $375,000, this spacious property is ready for immediate occupancy and represents an ideal foundation for business expansion or a new project. Its location in Ector County, Texas, zip code 79761, provides convenient access to Odessa's thriving industrial sector. The property's adaptable layout and existing infrastructure make it a highly attractive option for entrepreneurs and businesses seeking a well-located, functional industrial space. This is a rare opportunity to acquire a well-maintained industrial building in a prime location at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
EE2 · Odessa, TXOdessa. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.