302 Industrial Ave Odessa, TX 79761

Property Details for 302 Industrial Ave

Year built

1958

Lot size

1.63 lot acres

Property size

4,990 SF

Zone code

ES2

Property type

Commercial real estate

APN

29300.00160.00000

APU

293000016000000

Description

This exceptional industrial property in Odessa, Texas, presents a significant investment opportunity. Located at 302 Industrial Ave, 79761, this vacant property encompasses 20,800 square feet of space distributed across three buildings situated on a 3.53-acre lot. The main building offers approximately 15,000 square feet, including 4,800 square feet of office space featuring three private offices, an open office area, a break room, restrooms, and a conference room. The shop area within the main building comprises roughly 10,200 square feet and includes four 14-foot-high overhead doors. A second building provides an additional 3,800 square feet of shop space with four 14-foot overhead doors. The third building, a recently constructed metal structure, offers 2,000 square feet, incorporating a 1,000-square-foot, 14-foot-high wash bay and an insulated shop area with a 12-foot overhead door. The property boasts convenient access to IH-20 via Myrtle Street and S Grandview Ave, a fully fenced perimeter with a 25-foot electric coded gate, 3-phase/480V power, a water well, LED lighting, asphalt front parking, a loading bay, 400 feet of adjacent rail spur, and an above-ground septic system (500 + 1,000-gallon tanks). The asking price is $1,500,000. This property is also available for lease.