Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4044 Penbrook St Odessa, TX 79762
    Back to Search
    Property profile & analytics

    4044 Penbrook St Odessa, TX 79762


    • Office buildings
    • 52,297 SF
    • 7.54 lot acres
    Large Customizable Office/Retail Space For Lease
    $5,835,000
    21,600 SF

    Large Customizable Office/Retail Space

    Customizable office/retail space in a thriving commercial corridor.

    4044 Penbrook St, Odessa, TX 79762
    View Listing
    Property ID
    US82-4220153
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • First American Home Buyers Protection / Real Estate Agency
    • PB Materials Corporate / Construction Company / General Contractor

    Property Details for 4044 Penbrook St

    Year built
    1978
    Lot size
    7.54 lot acres
    Property size
    52,297 SF
    Zone code
    ED3
    Property type
    Office buildings
    APN
    36800.01707.00000
    APU
    368000170700000

    Description

    The Penbrook Building, located at 4044 Penbrook St, Odessa, TX 79762, offers a diverse range of office spaces ideal for various business needs. This two-story, 42,096 square foot building, constructed in 1983, sits on a 7.54-acre lot and features elevators. Currently, there are multiple suites available, ranging from 5,260 to 21,602 contiguous square feet, with a total of 28,473 square feet currently vacant. The building is zoned F1 and is situated in Ector County, at the cross streets of Wendover and Penbrook, providing excellent visibility and access. The property's adaptable design caters to executive offices, traditional offices, medical offices, and coworking spaces. Its prime location in Northwest Odessa ensures proximity to major retailers and high-traffic areas, fostering business growth. The building's flexible layout allows for customization to meet specific business requirements, making it an excellent choice for businesses seeking a prominent presence in a thriving commercial district. This opportunity presents a chance to establish or expand your business in a highly visible and well-located building with strong co-tenancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,091,000
      Market price range: $5.09M - $19.0M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.344
    Latitude
    31.8931
    CBSA code
    36220
    CBSA name
    ODESSA, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78,436
    $1,257,934
    $2,462,634
    $3,720,568
    -
    $1,257,934
    $2,462,634
    $3,720,568
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message