717 1St St Odessa, TX 79761
This 2,625-square-foot warehouse, built in 1964, is situated on a 0.39-acre lot in downtown Odessa, Texas, at 717 W 1st St, zip code 79761. The property is zoned for commercial use and features one single-story building with two loading docks and two 7' x 12' dock-high doors, providing convenient access for loading and unloading. A covered drive is located in front of the building, and a concrete lot offers ample parking space. The warehouse boasts a fenced rear yard with double-gated access from the front of the property, enhancing security. Inside, the warehouse includes a half-bath. The electrical system was upgraded in 2019 to a 400-amp service. This vacant property presents a fantastic opportunity for a variety of businesses seeking a well-located and functional warehouse space in a thriving Texas city. The asking price is $249,999, translating to $95.24 per square foot. This represents a compelling investment opportunity in a desirable location. The property's features, including its convenient location, ample space, and recent electrical upgrades, make it an attractive option for businesses seeking a versatile and functional warehouse in Odessa, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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