1622 2Nd StOdessa, TX 79763

Property Details for 1622 2Nd St

Year built

1965

Lot size

2.07 AC

Property size (Sq ft)

1,595 SF

Zone code

EB6

Property type

Office buildings

APN

28400.02175.00000

APU

284000217500000

Description

This Odessa, Texas industrial property offers a unique combination of warehouse, showroom, and wash-bay space, totaling 12,936 square feet on a 2.06-acre lot. The main building, renovated in 2012, features approximately 6,468 square feet of finished office/showroom space and an equal amount of warehouse space, ideal for a business requiring both display and storage capabilities. Its previous use as an equipment rental business highlights its suitability for similar operations. A separate 4,000 square foot maintenance facility, constructed in 2012, is crane-ready and includes four 16-foot overhead doors, two center bays with dozer rails, a shop office, and a locker room, perfect for heavy equipment maintenance and repair. Completing the property is an open-air wash-bay equipped with dozer tracks. The entire property benefits from city water and sewer services and is zoned for light industrial use. Seven drive-in doors provide convenient access. Built in 1965 with significant renovations in 2012, this property is located at 1622 W 2nd St, Odessa, TX 79763, in Ector County. This well-maintained and versatile property presents a compelling opportunity for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $236,632

  6.5%

  $218,430

  7%

  $202,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $142,300

  Geo Method

  $362,496

• Alternative Use

  Use

  Valuation

  Residential

  $270,853

  Hospitality

  $248,100

  Educational

  $206,416

  Medical

  $213,515

  Retail

  $321,092

Location Insight

City

Odessa

County

Ector

State

Texas

Latitude

31.8378

Longitude

-102.384

CBSA code

36220

CBSA name

ODESSA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].