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Caroline Build 16510 W Basin St 18,732 SF Industrial Building Odessa, TX 79763 $2,490,782 ($132.97/SF)

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INVESTMENT HIGHLIGHTS

  • 5.5 acres
  • Metered private water system
  • Just Off I H 20 W at exit 104/FM 866 exit
  • Three phase 480
  • No Zoning
  • Visible from Intersection NW Quadrant I H 20 W & FM 866

EXECUTIVE SUMMARY

High-End, Crane-Ready Industrial Build — Wash Bay Optional
Make this stunning, high-quality facility off I-20 W the next success story for your business. Designed for versatility and efficiency, this property offers premium construction, modern utilities, extensive shop space, and optional wash bay integration.
Pricing
Without Wash Bay
Sale Price: $2,490,782.43
Lease Rates:
3-Year: $25,662.09/mo
5-Year: $24,914.65/mo
10-Year: $23,956.00/mo

With Wash Bay
Sale Price: $2,815,582.43
Lease Rates:
3-Year: $26,852.31/mo
5-Year: $26,070.21/mo
10-Year: $25,067.51/mo


Property Details
Acreage: 5.49± acres (More acreage available — up to 15 acres; ask for pricing.)
Visibility: Highly visible from I-20
Access: Located just off FM 866 / Exit 104, immediately turning onto W. Basin St. in Basin Industrial Addition; near Allsup’s Truck Stop
24-Hour Access: Gated yard with auto-gate and keypad

Exterior & Utilities
Covered Front Overhang: Provides shaded parking and weather protection
Power: Three-phase 480V
Water: Metered water system with planned water well (details available)
Fiber Optic Internet: AT&T available; tenant to arrange service
HVAC: Office areas fully climate-controlled

Interior — First Floor
Showroom with granite flooring and wide glass double doors
Offices feature mahogany doors, interior windows to showroom, and crank-out windows upstairs
Conference room included
IT Room: Lockable, reinforced walls, conduit for exterior data cabling
Granite counters and stained mahogany cabinetry throughout
Multiple restrooms (office and shop areas)
Exit doors with illuminated signage
Storage closets including under-stair storage

Interior — Second Floor (Office or Apartment Use)
Wood-look laminate flooring
Full restroom with washer/dryer hookup and shower
Kitchen with island, sink, granite counters, and cabinetry (bring your own appliances)
Casement windows
Laminate flooring throughout

Building Specs
Engineer-stamped plans
40-year panel warranty
Wall Heights:
Office: 21 ft eave
Shop: 24 ft eave

Insulation:
Shop: R13 vinyl-reinforced with chicken wire backing
Office: R13 vinyl-reinforced + 2" closed-cell foam

Foundation: 8–12" raised foundation, 97% compaction, 6" 3000 PSI concrete

Shop Specifications
Dimensions: 125’ x 80’ with 24’ high sidewalls
Doors: 8 electric overhead doors (14’ W x 16’ H)
Cranes: Two (2) 5-ton cranes
Airlines: Installed (compressor & dryer optional)
Restrooms: Urinal, toilet, and shower-ready

Optional Wash Bay (25’ x 80’)
Enclosed with open drive-thru bays
Auto bay doors available for $14,700 each (certified & installed)
Grated drain system, slope-poured concrete for drainage
Lighting & water access
1,000-gallon tank plumbed
Four (4) drive-thru bays:
Three with powered auto doors
Fourth framed for future doors (optional install available)


Yard
Heavy-duty chain-link fencing with barbed wire
31-foot automated entrance gate
Refer to current survey; updated survey required

Construction Timeline
As of 2/2026: Approximately 2 months to completion with signed contract/lease (wash bay and additional bays optional)

PROPERTY FACTS

Price $2,490,782
Price Per SF $132.97
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 5.49 AC
Construction Status Under Construction
Rentable Building Area 18,732 SF
No. Stories 2
Year Built 2026
Tenancy Single
No. Drive In / Grade-Level Doors 8
Zoning None - County - No Zoning, No Known Restrictions

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Fenced Lot
  • Floor Drains
  • Wheelchair Accessible
  • Reception
  • Roof Terrace
  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Lighting - Fluorescent
  • Water - Well
  • Sewer - Septic Field
  • Heating - Electric

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 18,732 SF
  • Industrial
  • -
  • Feb 2026

Wash Bay Optional Price without Washbay: Sale Price: $2490,782.43 Lease Rate: 3 Year Lease - $25,662.09, 5 Year Lease - $24,914.65, 10 Year Lease - $23,956 Price with Washbay: Sales Price: $2,815,582.43 Lease Rate: 3 Year Lease - $26,852.31, 5 year Lease - $26,070.21, 10 Year Lease - $25,067.51

Space Size Space Use Condition Available
1st Floor 18,732 SF Industrial - Feb 2026

1st Floor

Size
18,732 SF
Space Use
Industrial
Condition
-
Available
Feb 2026

1st Floor

Size 18,732 SF
Space Use Industrial
Condition -
Available Feb 2026

Wash Bay Optional Price without Washbay: Sale Price: $2490,782.43 Lease Rate: 3 Year Lease - $25,662.09, 5 Year Lease - $24,914.65, 10 Year Lease - $23,956 Price with Washbay: Sales Price: $2,815,582.43 Lease Rate: 3 Year Lease - $26,852.31, 5 year Lease - $26,070.21, 10 Year Lease - $25,067.51

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 018410008000000
  • 018410007000000
Land Assessment
$157,207
Improvements Assessment
$2,045,825
Total Assessment
$2,203,032
  • Listing ID: 33612879

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 16510 W Basin St, Odessa, TX 79763

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