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606 W University Blvd - High-Visibility Commercial Redevelopment 0.76 Acres of Commercial Land Offered at $1,300,000 in Odessa, TX 79764
Investment Highlights
- Redevelopment Opportunity!
- Current Structure is 22,036
- 2-ton Crane & 5-ton Crane
- 0.76 Acre Lot with frontage on W University Blvd
- 4-6 Offices
- Metal Roof, Fenced Yard
Executive Summary
Excellent commercial redevelopment opportunity with frontage on W University across from Odessa College and next to a high-traffic Dairy Queen! This 0.76 Acre site offers excellent visibility and steady foot traffic. The existing building is 22,036 SF and includes an efficient office space, (1) 2-ton crane, and (1) 5-ton crane, supporting light manufacturing, fabrication, or logistics operations. The building has a metal roof, secure chain link fencing, and space for parking, equipment storage, or display. Redevelop this metal building into the commercial/retail space this area needs! Contact Amy or Dakota for more details on this property.
Property Facts
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.76 AC |
| Property Type | Land | ||
| Zoning | EB2 - Commercial | ||
| Price | $1,300,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.76 AC |
| Zoning | EB2 - Commercial |
1 Lot Available
Lot
| Price | $1,300,000 | Lot Size | 0.76 AC |
| Price Per AC | $1,710,526.32 |
| Price | $1,300,000 |
| Price Per AC | $1,710,526.32 |
| Lot Size | 0.76 AC |
This property is located in Odessa, TX on W University Blvd near Odessa College between US Hwy 385/Andrews Hwy and Kermit Hwy. From Odessa-Schlemeyer Field Airport, take E Terminal Drive west and turn left on Andrews Hwy.
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 42220-00240-00000 | Improvements Assessment | $169,862 |
| Land Assessment | $70,345 | Total Assessment | $240,207 |
Property Taxes
Parcel Number
42220-00240-00000
Land Assessment
$70,345
Improvements Assessment
$169,862
Total Assessment
$240,207
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606 W University Blvd - High-Visibility Commercial Redevelopment
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