509 Madrid Rd - Industrial FOR SALE


Odessa, TX 79766
$1,800,000 USD
432-312-1985
509 Madrid Rd, Odessa, TX for Sale
$1,800,000 USD
Industrial - FOR SALE
1/11
null | Request Cap Rate

NEW


509 Madrid Rd
Odessa, TX 79766


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jakob VinesIron Wolf IndustrialMore Info
432-312-1985

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Jakob VinesIron Wolf IndustrialMore Info
432-312-1985

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.