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Property profile & analytics
OFF-MARKET
Distribution centers

717 1St St Odessa, TX 79761

2,625 SF 0.39 ac lot Built 1964
Entity Owned 6-yr Hold
Property ID
US82-4278771
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Year built 1964
Total area 2,625 SF
Lot 0.39 ac (16,988 SF)
UPID US82-4278771
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Snsc 717 LLC · 6 yrs held
Snsc 717 LLC
since 2019
3 recorded transactions
2019
Price N/A
2018
$70,176
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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