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509 Madrid Rd 12,900 SF Industrial Building Odessa, TX 79766 $1,800,000 ($139.53/SF)

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INVESTMENT HIGHLIGHTS

  • 12,900 SF total improvements on ±4 acres
  • 4,500 SF primary shop
  • Third shop (2,400 SF) – single-phase power
  • 3,600 SF office buildout featuring 7 offices, reception area, and conference room
  • 10-ton bridge crane | 3-phase power
  • 4 drive-through bays

EXECUTIVE SUMMARY

This industrial service and oilfield-ready property located at 509 Madrid Rd in Odessa, Texas offers a functional, heavy-duty layout well suited for industrial, service, fabrication, and oilfield support operations. The property consists of approximately 12,900 SF of improvements situated on ±4 acres, providing ample secured yard space for equipment storage, staging, and maneuverability.
The office component totals approximately 3,600 SF and includes seven private offices, a reception area, and a dedicated conference room, providing an efficient and professional environment for administrative and management functions.
The shop facilities are designed for heavy-duty industrial use and include a primary ±4,500 SF shop equipped with an overhead crane and 3-phase power. Two additional shops, each approximately ±2,400 SF, are crane-ready and serviced by single-phase power, offering flexibility for a variety of industrial and service users. The property features four drive-through bays with a combination of four 18' overhead doors and two 16' overhead doors, allowing efficient access for large equipment and commercial vehicles.
The site is fully fenced and gated, providing controlled access and security. Existing on-site storage tanks are negotiable and may be included or excluded based on buyer interest. Utilities include septic service, and the property is located within county jurisdiction with no known zoning restrictions, allowing flexibility for a wide range of industrial and oilfield-related uses.

PROPERTY FACTS

Price $1,800,000
Price Per SF $139.53
Sale Type Investment or Owner User
Property Type
Industrial
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Lot Size 4.00 AC
Rentable Building Area 12,900 SF
No. Stories 1
Year Built 2019
Tenancy Single
No. Drive In / Grade-Level Doors 4

AMENITIES

  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Perimeter Security Fence

UTILITIES

  • Sewer - Septic Field
  • Listing ID: 39218503

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 509 Madrid Rd, Odessa, TX 79766

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