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Property profile & analytics
OFF-MARKET
Distribution centers

2818 42Nd St Odessa, TX 79764

26,866 SF 2.06 ac lot
Entity Owned 1-yr Hold
Property ID
US83-2818728
Property summary
AI-generated overview

This exceptional 26,866+/- square foot industrial building, situated on a 2.06+/- acre lot in Odessa, Texas, presents a compelling investment opportunity. Built in 1980, the property boasts a fully fenced lot, combining a front office area with substantial rear industrial space. Its strategic location along a frontage road provides convenient access to major transportation arteries, including Interstate 20, Loop 338, State Highway 191, and Kermit Highway, ensuring efficient logistics. The building features a ceiling height reaching 28 feet, providing ample vertical space. Utility services include city septic, well water, and natural gas. The property is equipped for heavy-duty operations with 3-phase 480V power, two 5-ton overhead cranes, one 1-ton jib crane, and fourteen grade-level doors. The property is being offered via online auction. The nominal opening bid is $350,000; a buyer's premium may apply. This versatile property is ideal for a variety of industrial uses and offers significant potential for growth and return on investment. The zip code is 79764, and the address is 2818 West 42nd Street, Ector County.

Property profile
Verified
Property type Distribution centers
Total area 26,866 SF
Lot 2.06 ac (89,734 SF)
UPID US83-2818728
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
Current use
Occupant on record · Public records
  • Weatherford Direct Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Caph LLC · 1 yrs held
Caph LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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