3249 S County Rd W
Odessa, TX 79766
Lone Star Services Facility · Flex Property For Sale

SURROUNDING RETAIL & POINTS OF INTEREST This Lone Star Services Facility property is located at 3249 South County Road West in Odessa, Texas. The subject property benefits from its strategic location in a dense industrial corridor. This Lone Star Services Facility property is located five miles from downtown Odessa. Odessa Regional Medical Center is a 206-bed facility and located just four miles from the subject property. The University of Texas of the Permian Basin is located five miles away and has a combined total enrollment of ~6,000 students. Midland International Air and Space Port is a city-owned international airport located approximately midway between the cities of Midland and Odessa. It is owned and operated by the city of Midland. In September of 2014 it became the first US facility licensed by the federal Aviation Administration to serve both scheduled airline flights and commercial human spaceflight. TRAFFIC COUNTS & DEMOGRAPHICS There are approximately 22,941 individuals residing within a three-mile radius of the proposed property and approximately 69,934 individuals within a five-mile radius. The property is located on South County Road West which experience average daily traffic counts of 10,118. The property also benefits from its close proximity to Interstate 20 which experience average daily traffic counts of 36,430 vehicles and is less than one mile from the subject property. Interstate 20 connects such major cities as: Fort Worth; Dallas; Shreveport, Louisiana; Jackson, Mississippi; Birmingham, Alabama; Atlanta; and Columbia, SC. Interstate 20 also intersects seven of the ten primary north–south Interstates (all except I-5, I-15, and I-25) and also the east–west Interstates 10 and 30. MARKET OVERVIEW Odessa is a city in and the county seat of Ector County. Odessa's population is estimated at 117,871 as of 2016, making it the 31st-most populous city in Texas. Odessa is home to the University of Texas of the Permian Basin, the largest educational institution in the area with ~6,000 students enrolled, and Odessa College, a public two-year college with ~6,000 students enrolled. Odessa is located above the Permian Basin, a large oil and natural gas producing area, which has greatly contributed to the economic growth of the MSA. Many of the city's largest employers are oilfield supply companies and petrochemical processing companies. The city's efforts to gradually diversify away from the energy industry have led to a growing role for the logistics industry, using Odessa's location along the major road and rail links through West Texas. Odessa is a stop on the La Entrada al Pacifico, an international trade corridor from the Pacific Ocean port of Topolobampo in Sinaloa, Mexico, through Odessa, and to Amarillo, Dallas, and Wichita Falls. The location of the trade corridor within Odessa has resulted in an increase of not only commercial shipping traffic through Odessa but also the development of distribution centers in the area. In 2003, Family Dollar opened its eighth distribution center in Odessa's new industrial business park. Coca Cola built a new distribution center in Odessa in early 2007. FMC Technologies Odessa, in early 2017, built their 48,378 facility for warehousing.