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5268/5450 N FM 866

12,400 SF Industrial Building Odessa, TX 79764 $2,900,000 ($234/SF)

Executive Summary

TBD 5268-5450, Lots and Warehouse Available! ASK!
UNDER CONSTRUCTION ABOUT 1 MONTH LEFT ON COMPLETION 2ND FLOOR
GORGEOUS BUILD
(Option 1):
2 story Warehouse with Shop & 12 acres $2.3mill
(Option 2):
2 story Warehouse with Shop & 24 acres $2.6 Mill
(Option 3):
2 story Warehouse with Offices/Apartment & Shop 36 acres $2.9mill
(Option 4): Or 12 acres LAND only for $900,000.
To be completed May 2024.
PICTURES COMING SOON!!
New build 2 story office and apartment building frontage on highway FM 866 and north of highway 302 (Kermit Highway) heading sound would be interstate I-20

36 acres with Shop under construction to be completed by seller and price may be adjusted accordingly. Bay doors are ordered and should be in any time as well as new windows. Contractor has been hired.
Or additional options: 12 acre lots which are subdivided into (3) 12 acre lots 5268 N. FM 866, 5350 N. FM 866 & 5450 N. FM 866
The property include thick metal frame fencing except in rear ( no fencing in rear of location), has 2 Entrances, and a 12,400 Sq foot shop framed out but not finished construction
Water wells and single phase power on one lot
Framed out "As Is" pricing
2000 SQ ft 1st story
2000 Sq Ft 2nd Story
Shop 10,000 SQ ft
2000+-sq ft Over hang Covered in Rear
Total Sq Ft 14,000+- without rear overhang
HAS SURVEY OF 36 ACRES PER SELLER
THREE PHASE 480 600 AMP
SEPTIC TO HANDLE 40+ PPL PERMITTED
2 STORY, CRANK OUT WINDOWS 2ND STORY
GRANITE COUNTERS SHOP, OFFICES 2 STORY/APARTMENT
SEVERAL RESTROOMS & SHOWERS
Water well 4-6 gall/min
ADA compliant Restrooms first story
Warehouse with 12 acres $2.4 Mill
Seller Financing available
Ask about pricing on 24 & 36 acres
Lease available ask for details
Seller financing possibilities Ask for details
CALL TODAY WONT LAST

THE INFORMATION IN THE LISTING IS DEEMED RELIABLE BUT ALL ASPECTS OF THE INFORMATION CAN CHANGE, MAY, CHANGE & MAY BE INACCURATE & MUST BE VERIFIED BU BUYER OR THEIR AGENT AND IS ACKNOWLEDGED BY BUYER AND AGENTS.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,900,000
Price Per SF $234
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 36.00 AC
Rentable Building Area 12,400 SF
No. Stories 1
Year Built 2021
Tenancy Single
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 431000015000000
  • 431000013000000
Land Assessment
$292,536 (2023)
Improvements Assessment
$1,043,943 (2023)
Total Assessment
$1,336,479 (2023)
  • Listing ID: 26321249

  • Date on Market: 8/3/2022

  • Last Updated:

  • Address: 5268/5450 N FM 866, Odessa, TX 79764

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