Technical
Financial
Distress signals
Property profile

4710 Andrews Hwy Odessa, TX 79762

FOR SALE
Office buildings
Property ID
US82-4172172
2,024 SF 1.99 ac lot Built 1962
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 4710 Andrews Hwy in Odessa, Texas, presents a compelling investment opportunity. The 6,325-square-foot warehouse building sits on a two-acre lot, offering ample space for various industrial or manufacturing uses. The building features a blend of office and warehouse space, providing flexibility for diverse operational needs. Built in 1962 and completely renovated in 2018, the property is in excellent condition. Its strategic location offers significant advantages. Situated on the western edge of the lot, the building maximizes the remaining land's potential. The property boasts 108 feet of frontage on US Highway 385, a major thoroughfare with high visibility and significant traffic. Specifically, the property benefits from its proximity to US Highway 385, Highway 191, and Loop 338, ensuring easy access to major transportation routes. The high traffic count, with an Annual Average Daily Traffic (AADT) of 18,946 on US Highway 385 in 2022, further enhances the property's appeal. This prime location within Ector County, Texas, zip code 79762, offers exceptional visibility and accessibility, making it an ideal choice for businesses seeking a strategic presence in the Odessa market. The asking price for this remarkable property is $625,000, translating to $98.81 per square foot.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Total area 2,024 SF
Lot 1.99 ac (86,684 SF)
Zoning code ED1
APN 32550.00010.00000
UPID US82-4172172

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
  • Factory Production Facility
  • Factory Industrial Manufacturer

Location

4710 Andrews Hwy Odessa, TX 79762
Odessa metro Census 500 ODESSA, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

ED1 · Odessa, TX

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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