The property is a vacant 7,812-square-foot industrial asset situated on 1.05 acres. It features metal construction and has three grade doors, which provide easy access for loading and unloading. The property also boasts two and five-ton cranes, as well as a heavy machinery maintenance pit, making it an ideal space for industrial operations. The metal construction and functional features of the property make it a great fit for a variety of owner uses. With its versatile layout and functional features, the property is also a prime candidate for a value-add investment opportunity. The property’s location and features make it a rare find in the current market. Its vacant status allows for immediate occupancy or renovation.
The property’s location along Interstate 20 provides ease of access and excellent visibility. The surrounding area has limited industrial availability, with only two other industrial buildings available for lease within a one-mile radius at the time of listing. This limited availability, combined with the property’s functional features, makes it an attractive option for businesses looking for a convenient and accessible location. The property’s proximity to the interstate also makes it an ideal location for logistics and distribution operations. The current market conditions in the Odessa area, with a low vacancy rate and limited new construction, make the property an even more desirable option. The property’s location and features make it a great fit for a variety of industrial uses. The area’s limited availability and the property’s accessibility make it a prime location for businesses.
The current market metrics in the Odessa area indicate a strong demand for industrial space, with a vacancy rate of 8.7% and annual rent growth of -0.2% as of 2025. With only 101,000 square feet of new construction underway at the start of 2026, the property is well-positioned to capitalize on the limited availability of industrial space in the area. The property’s vacant status and functional features make it an ideal candidate for a variety of owner uses or a value-add investment opportunity. The property’s location and features, combined with the current market conditions, make it a rare and desirable find in the industrial market. The property’s accessibility and limited availability in the surrounding area make it a prime location for businesses looking for a convenient and functional space. The property is a great fit for a variety of industrial uses, and its vacant status allows for immediate occupancy or renovation. The property’s features and location make it a valuable asset in the current market.
BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 100W
Dallas, Texas 75244
Office (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
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