101 County RdOdessa, TX 79763

Property Details for 101 County Rd

Year built

1950

Lot size

2.63 AC

Property size (Sq ft)

1,892 SF

Zone code

EB5

Property type

Office buildings

APN

42370.00550.00000

APU

423700055000000

Description

This exceptional 4,900-square-foot flex space, situated in Ector County, presents a compelling investment opportunity. Built in 1998, the single-tenant property sits on a generous 2.62 acres of land, offering ample room for expansion or outdoor storage. The building boasts four 12x14 overhead doors, including one convenient pull-through bay, ensuring efficient loading and unloading. Inside, you'll find a well-appointed office area featuring three restrooms and four private offices, providing a comfortable and functional workspace. The property's strategic location just off West 2nd Street and North County Road West offers easy access to Interstate 20, providing excellent connectivity for transportation and logistics. This move-in ready building is perfectly suited for a variety of industrial and flex uses, making it an attractive option for businesses seeking a versatile and well-maintained space. The property's combination of size, location, and features makes it a highly desirable asset in the thriving Ector County market. Its immediate availability presents a unique opportunity for businesses seeking a seamless transition into a productive and efficient workspace. The ample land provides potential for future expansion or development, adding further value to this already impressive property. Don't miss this chance to secure a prime industrial space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $280,695

  6.5%

  $259,103

  7%

  $240,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $168,797

  Geo Method

  $429,995

• Alternative Use

  Use

  Valuation

  Residential

  $321,288

  Hospitality

  $294,298

  Educational

  $244,852

  Medical

  $253,273

  Retail

  $380,882

Location Insight

City

Odessa

County

Ector

State

Texas

Latitude

31.834

Longitude

-102.388

CBSA code

36220

CBSA name

ODESSA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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