Property summary
This exceptional 5,000-square-foot flex/warehouse property in Odessa, Texas, presents a compelling investment opportunity. Boasting a substantial 10.08% cap rate, this newly renovated (2023) building sits on a 0.42-acre lot (APN: 284000022500000) and offers a blend of office and warehouse space ideal for a variety of businesses. The 1,905-square-foot office area includes three private offices, a reception area, a conference room, two restrooms, and a workroom. The 3,095-square-foot heated… and cooled shop features two 12'x12' overhead doors, perfect for equipment storage and access. Currently leased to Trigon Industries, a CNC machinery supplier to the oil and gas industry, until October 31, 2026, providing immediate cash flow. Strategically located at the southwest corner of West 3rd Street and Bernice Avenue, this property enjoys easy access to Business 20 (West 2nd Street) and North County Road West, placing it within a thriving industrial area alongside established businesses such as Jet Specialty, Standard Industrial Manufacturing, and Abbott's Oilfield Supply. Built in 2014, this property offers a strong combination of modern amenities, a secure lease, and a prime location, making it an attractive investment for discerning buyers. The property's occupancy date is October 1, 2023.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,000 SF
- Lot area
- 0.42 ac
- Year built
- 2014
- Stories
- 1
- APN
- 28400.00225.00000
- Zoning
- EB6
- Assessed value · 2023
- $391,138
- Annual tax · 2023
- $8,246
- Restaurant
- Commercial (general) · current use
- Retail Stores
- Auto Repair, Garage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
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