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5268/5450 N FM 866 12,400 SF Industrial Building Odessa, TX 79764 $1,800,000 ($145.16/SF)
INVESTMENT HIGHLIGHTS
- 5 TO 35+/- ACRES AVAILABLE ON HWY FM 866 N FRONTAGE!
- SEPTIC TO HANDLE 40+ PPL PERMITTED
- GRANITE COUNTERS SHOP, OFFICES 2 STORY/APARTMENT, UP TO. 2 WATER WELLS
- THREE PHASE 480 HIGH AMP, LARGE SEPTIC! HWY FM 866 N FRONTAGE!
- HIGH END, 2 STORY WAREHOUSE, UP TO 2 WATER WELLS, FENCED, HWY FM 866 N FRONTAGE!
- HWY FM 866 N FRONTAGE, 2 STORY WAREHOUSE, 3 PHASE, 480 AMP, LARGE SEPTIC!
EXECUTIVE SUMMARY
TBD 5268-5450, Lots and Warehouse Available! ASK! Seller financing options available!
READY FOR OCCUPANCY CONSTRUCTION IS COMPLETED
GORGEOUS BUILD
Option 1:
2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN
(Option 2):
2 story Warehouse with Shop & 12 acres $2.3mill, $22,500/mo NNN
(Option 3) :
2 story Warehouse with Shop & 24 acres $2.6 Mill, $26,500/mo NNN
(Option 4):
2 story Warehouse with Offices/Apartment & Shop 35+- acres $2.9 mill, $29k/mo NNN
Or 12 acres LAND only for $900,000. Land only 12-24 acres also for lease $700/acre/month.
OR up to 35+- acres.
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
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
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 35+- 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 & 35+- 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.
READY FOR OCCUPANCY CONSTRUCTION IS COMPLETED
GORGEOUS BUILD
Option 1:
2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN
(Option 2):
2 story Warehouse with Shop & 12 acres $2.3mill, $22,500/mo NNN
(Option 3) :
2 story Warehouse with Shop & 24 acres $2.6 Mill, $26,500/mo NNN
(Option 4):
2 story Warehouse with Offices/Apartment & Shop 35+- acres $2.9 mill, $29k/mo NNN
Or 12 acres LAND only for $900,000. Land only 12-24 acres also for lease $700/acre/month.
OR up to 35+- acres.
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
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
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 35+- 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 & 35+- 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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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 | $1,800,000 | Lot Size | 36.00 AC |
| Price Per SF | $145.16 | Rentable Building Area | 12,400 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2021 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | EW6 - 5 TO 35+- ACRES | ||
| Price | $1,800,000 |
| Price Per SF | $145.16 |
| 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 |
| Zoning | EW6 - 5 TO 35+- ACRES |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Prime Land HWY FM 866 Frontage! MOVE IN READY! Amazing Yard- Cleared, Caliche Lay down, Water well 7 gal/min, Fenced in front and sides. No knwn Restrictions! Great Location - near University Ave & HWY 302 W or South to I 20 W. Sale 2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN, OR: Warehouse+ Shop & 12 acres $2.3mil, $22,500/mo NNN OR: Warehouse+ Shop 24 acres $2.6 Mill, $26,500/mo NNN OR: All, WH 35+- AC $2.9 mill, $29K/mo NNN OR lease 12-24 acres at $700/acre/mo, sale $900K 12 acres LAND ONLY. Framed shop with 8" Cement foundation. Three phase 480- 600 amp in process. All lease options With building Lease 12-24 acres pipe yard $800. /acre land only Pipe yard lease 12-24 acres seperate listing
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 12,400 SF | Industrial | - | 30 Days |
1st Floor
| Size |
| 12,400 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1 of 57
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 12,400 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
Prime Land HWY FM 866 Frontage! MOVE IN READY! Amazing Yard- Cleared, Caliche Lay down, Water well 7 gal/min, Fenced in front and sides. No knwn Restrictions! Great Location - near University Ave & HWY 302 W or South to I 20 W. Sale 2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN, OR: Warehouse+ Shop & 12 acres $2.3mil, $22,500/mo NNN OR: Warehouse+ Shop 24 acres $2.6 Mill, $26,500/mo NNN OR: All, WH 35+- AC $2.9 mill, $29K/mo NNN OR lease 12-24 acres at $700/acre/mo, sale $900K 12 acres LAND ONLY. Framed shop with 8" Cement foundation. Three phase 480- 600 amp in process. All lease options With building Lease 12-24 acres pipe yard $800. /acre land only Pipe yard lease 12-24 acres seperate listing
PROPERTY TAXES
| Parcel Number | 431000013000000 | Improvements Assessment | $1,040,562 (2025) |
| Land Assessment | $296,212 (2025) | Total Assessment | $1,336,774 (2025) |
PROPERTY TAXES
Parcel Number
431000013000000
Land Assessment
$296,212 (2025)
Improvements Assessment
$1,040,562 (2025)
Total Assessment
$1,336,774 (2025)
1 of 74
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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5268/5450 N FM 866
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