1606 S Regal Pl Odessa, TX 79763
For Sale
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This exceptional 9,000-square-foot industrial property in Odessa, Texas, offers a blend of warehouse and flex space, ideal for various businesses. Situated on a 0.51-acre lot, the property boasts convenient access to Interstate 20's West I-20 North service road, making it a prime location for distribution or warehousing operations. The building, constructed in 1981, features approximately 1,200 square feet of well-appointed office space, including three private offices, a waiting area, a break room, and a versatile storage room or additional office space. The remaining 7,800 square feet comprises a warehouse area divided between two separate buildings, connected by a convenient concrete driveway. The property is zoned EB7 and offers a lease option for prospective tenants. Its strategic location and versatile layout make it an excellent choice for companies seeking efficient indoor storage and easy interstate access. The property's total net rentable area is 9,000 square feet. This is a rare opportunity to secure a well-maintained industrial space in a thriving location. The property's APN is 34060-00110-00000.
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SK Supply Co. Factory Industrial Manufacturer
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
EB7 · Odessa, TXCosts & 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.