4105 Mankins AveOdessa, TX 79764

Property Details for 4105 Mankins Ave

Year built

1956

Lot size

1.72 AC

Property size (Sq ft)

600 SF

Zone code

EB1

Property type

Office buildings

APN

13600.00801.00000

APU

136000080100000

Description

This single-tenant industrial warehouse, located at 4105 Mankins Ave, Odessa, TX 79764, offers 4,300 square feet of versatile space. Situated on 0.1 acres outside city limits, this property boasts a 14-foot ceiling height, perfect for storage or distribution needs. Built in 1956 and extensively renovated in 2018, the building features two drive-in doors (12' high). The property includes a recently painted office area equipped with a new HVAC system, adding to its functionality and comfort. A significant advantage is the inclusion of a convenient on-site one-bedroom apartment, offering potential for live-in management or additional income. The property is zoned for use outside of city limits and has an APN of 13600.00801.00000. This unique combination of industrial space and residential accommodation makes it an ideal solution for businesses seeking both functional workspace and convenient living arrangements. The property is ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $89,015

  6.5%

  $82,168

  7%

  $76,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $53,530

  Geo Method

  $136,362

• Alternative Use

  Use

  Valuation

  Residential

  $101,888

  Hospitality

  $93,329

  Educational

  $77,649

  Medical

  $80,319

  Retail

  $120,787

Location Insight

City

Odessa

County

Ector

State

Texas

Latitude

31.876

Longitude

-102.408

CBSA code

36220

CBSA name

ODESSA, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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