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Property profile & analytics

1507 5Th St Odessa, TX 79761

  • Distribution centers
  • 3,000 SF
  • 0.19 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-3739149
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Distribution centers

Property Details for 1507 5Th St

Year built
1976
Lot size
0.19 lot acres
Property size
3,000 SF
Property type
Distribution centers

Description

This 3,000-square-foot warehouse, located at 1507 E 5th St, Odessa, TX 79761, presents a unique investment opportunity. Built in 1976, this single-story structure sits on a 0.19-acre lot within Ector County and is zoned for light industrial use. The property requires a complete renovation, offering a buyer the chance to customize the space to perfectly suit their needs. The asking price is $135,000. This presents a blank canvas for a business seeking to establish a presence in Odessa, Texas, or for an investor looking for a potential value-add project. The property's location in Odessa provides access to a growing market and established infrastructure. The existing building, while needing significant updates, offers a solid foundation for a future project. The light industrial zoning allows for a variety of potential uses, making this a versatile investment. Serious inquiries are encouraged to explore the potential of this property and its significant upside. The property's address is easily accessible and well-situated within the Odessa business community. This is a rare opportunity to acquire a sizable warehouse at an attractive price point, allowing for significant customization and potential for substantial return on investment. The 0.19-acre lot provides ample space for potential expansion or outdoor storage.


Value Estimations

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Location Insight

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  • Local Demand
City
Odessa
County
Ector
State
Texas
Longitude
-102.3518798
Latitude
31.8559325
More about this property
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