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4415 E 53rd St - Lone Star Storage Center – Odessa 70,210 SF Specialty Building Offered For Sale in Odessa, TX 79762

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INVESTMENT HIGHLIGHTS

  • Odessa, TX
  • $97,904 Average Household Income Within 5 Miles
  • 1.2 Miles from TX-338 Loop
  • 115,824 Population Within 5 Miles
  • 0.4 Miles from Major Retail (Lowe’s, Music City Mall, Walmart)
  • 1.2 Miles from University of Texas - Permian Basin

EXECUTIVE SUMMARY

https://versalpartners.com/properties/lone-star-storage-center-portfolio/
Lone Star Storage Center – Odessa is located in Odessa, Texas (Odessa MSA). This is a rare opportunity to acquire a class “A”, family-owned and operated facility in an institutional-quality market. The property has never been listed for sale until now.
The property features 389 non-climate and 189 climate-controlled units for a total of 70,210 NRSF. It also includes 138 uncovered parking spaces. The facility has a physical occupancy of 81% and an economic occupancy of 71%. The average unit size is 121 NRSF.
The facility is well located, with 115,824 people living within 5 miles and an average household income of $97,904. It is 0.4 miles from major retailers like Lowe’s, Music City Mall, and Walmart and only 1.2 miles from TX-338 Loop. It is also 1.2 miles from University of Texas – Permian Basin (student population of 5,900).
Construction highlights include concrete drives, metal and steel construction, gated keypad access, exterior lighting, perimeter fencing and an on-site office.
Lone Star Storage Center – Odessa is being offered for sale individually or as part of a portfolio. Contact Versal for pricing guidance.

PROPERTY FACTS

Sale Type Investment
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Parking Garage
Building Class B
Lot Size 7.50 AC
Building Size 70,210 SF
No. Stories 1
Year Built/Renovated 1998/2000
Zoning PD-R - Planned development

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24530-00800-00000
Land Assessment
$835,572
Improvements Assessment
$2,340,253
Total Assessment
$3,175,825
  • Listing ID: 35922694

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 4415 E 53rd St, Odessa, TX 79762

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