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1550 Laredo Dr

16,570 SF Industrial Building Odessa, TX 79761 $1,600,000 ($97/SF)

Investment Highlights

  • Asphalt Parking Lot
  • 6 Overhead Cranes ( Two 10 Ton & four 5 Ton)
  • Reception Area and Kitchen
  • 8 Bay Doors
  • Paint Booth & Air Compressor
  • 4 Offices and 2 Baths

Executive Summary

Industrial/ Office commercial property with 4 acres located off of S Grandview & I-20.This property offers 16,330 Sq Ft, corner lot, asphalt parking lot, fenced, 8 Bay doors, total of 6 overhead cranes (two 10 TON Cranes & four 5 TON Cranes), paint booth, & air compressor. Office area has reception area, kitchen, 4 offices, 2 baths, and a parts warehouse.

Property Facts

Price $1,600,000
Price Per SF $97
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.88 AC
Rentable Building Area 16,570 SF
No. Stories 1
Year Built 1981
Tenancy Single
Parking Ratio 0.78/1,000 SF
Clear Ceiling Height 28 FT
No. Drive In / Grade-Level Doors 14

Amenities

  • Fenced Lot

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
El Paso
682,669
281
4 h 34 m
Fort Worth
895,008
320
5 h 35 m
San Antonio
1,532,233
335
5 h 49 m
Austin
964,254
350
6 h 37 m
Dallas
1,345,047
360
6 h 24 m
Houston
2,325,502
545
9 h 36 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
155,706
Total Labor Force
79,053
Unemployment Rate
3.35%
Median Household Income
$59,763
Warehouse Employees
12,084
High School Education Or Higher
79.80%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29350-00500-00000
Land Assessment
$96,738
Improvements Assessment
$603,547
Total Assessment
$700,285
  • Listing ID: 33012092

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 1550 Laredo Dr, Odessa, TX 79761

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