Property profile

2419 Murphy St Odessa, TX 79763

OFF-MARKET
Investment properties
Property ID
US82-3929614
5,050 SF 7.67 ac lot Built 1956
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional 5,050 square foot office/warehouse property, situated on a generous 7.67-acre lot in Odessa, Texas, presents a unique investment opportunity. The well-appointed office space features a professional reception area complete with a teller window, perfect for client interaction. Six private offices provide ample space for individual work or team collaboration, complemented by a dedicated conference room for meetings and presentations. A convenient kitchen and laundry area with showers add to the overall functionality and comfort. The expansive warehouse boasts four 14' x 14' overhead doors, ensuring easy access for loading and unloading of goods. Further enhancing its utility are a hydraulic press, pneumatic lines for tools, and substantial storage space, catering to a wide range of operational needs. Beyond the building itself, this property offers significant advantages. Direct rail access provides efficient transportation options, while a built-in truck scale facilitates accurate weighing of materials. A fuel island adds convenience, and secure perimeter fencing ensures the safety and security of the premises. Covered parking is available for employees and visitors, and the property benefits from the reliable supply of 3-phase power. This versatile property is ideally suited for a variety of businesses seeking a combination of office and warehouse space with extensive outdoor acreage and valuable amenities. The asking price is $600,000.

Property profile

Verified
Property type Investment properties
Year built 1956
Total area 5,050 SF
Lot 7.67 ac (334,105 SF)
UPID US82-3929614

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility
  • General Contractor Construction Company
  • Corporate Office

Location

2419 Murphy St Odessa, TX 79763
Odessa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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