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Property profile & analytics
OFF-MARKET
Distribution centers

17411 Fm 1787 Odessa, TX 79766

7,300 SF 6.02 ac lot Built 2017
Property ID
US82-0494333
Property summary
AI-generated overview

This exceptional owner-user investment opportunity presents a 7,300-square-foot industrial building and a 1,300-square-foot residential house situated on a 6.02-acre lot in Odessa, Texas. The industrial space comprises a 1,000-square-foot office area featuring three private offices, an executive corner office, a conference room, break room, IT closet, and restroom. The 3,000-square-foot shop boasts two drive-through bays equipped with four 14' x 16' overhead doors, a shop restroom, and a 2,000-square-foot mezzanine suitable for additional office space. The fully insulated shop and office are complemented by a 1,300-square-foot residential house including two bedrooms, a large living room, kitchen, and 1.5 bathrooms. The property is fully fenced and secured, utilizing a water well and septic system. Built in 2017, this property is zoned by Midland County and offers a unique blend of industrial and residential space, ideal for owner-occupiers seeking a versatile and convenient location. The asking price is $895,000, with a price per square foot of $122.60. The property is vacant and offered under a NNN lease type. This is a rare opportunity to acquire a substantial property with significant potential.

Property profile
Verified
Property type Distribution centers
Year built 2017
Total area 7,300 SF
Lot 6.02 ac (262,231 SF)
UPID US82-0494333
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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