900 4Th StOdessa, TX 79761

Property Details for 900 4Th St

Year built

2009

Lot size

2.12 AC

Property size (Sq ft)

44,000 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional 44,000 square foot medical office building, situated on a 2.12-acre lot in Odessa, Texas, presents a unique investment opportunity. Built in 2009 as a state-of-the-art short-stay acute care surgical hospital, the property boasts 14 private inpatient rooms and four operating rooms, along with 12 pre-op and 12 PACU bays. Currently vacant, this two-story building offers immediate occupancy and significant potential. Its design allows for flexible multi-tenancy configurations with separate entrances, and the original plans included the possibility of adding a third floor for future expansion. Conveniently located near Interstate 20, this property benefits from strong regional access and proximity to other healthcare providers, including the Odessa Regional Medical Center, less than a mile away. The Odessa MSA boasts a median household income exceeding $75,000, and the city's population is growing steadily. The property's location within a major oil and gas center further enhances its appeal. The original design and construction were tailored to the needs of physician-owners, reflecting a high standard of quality and functionality. This property offers a compelling opportunity for a healthcare provider seeking a well-equipped facility in a thriving market. The asking price is $12,000,000, with a price per square foot of $272.73. Parking is provided at a ratio of 2 spaces per 1,000 square feet. The property is offered fee simple.

Location Insight

City

Odessa

County

Ector

State

Texas

Latitude

31.8517

Longitude

-102.36

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