714 E 2nd St.

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714 E 2nd St.

Odessa, TX 79761
Asking Price
$1.50M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose commercial building measuring 36,050 square feet
  • Located at 714 E 2nd St. in Odessa, Texas
  • Offered for sale at an asking price of $1,500,000
  • Situated within the economically vital Permian Basin region
  • Versatile floor plan ideal for industrial or specialized operations

What's Special

This special-purpose asset comprises 36,050 square feet of interior space situated at 714 E 2nd St. in Odessa, Texas. The property is positioned within a regional hub known for its active energy industry and steady economic expansion, providing a strategic footprint for businesses requiring specialized facilities. Given the layout and square footage, the building is suitable for various industrial, storage, or operational use cases that demand significant floor area. Odessa functions as a key logistics and commercial center in the Permian Basin, benefiting from established transport corridors and a robust local workforce. Investors and business owners will find this location provides practical access to regional markets while serving as an efficient site for equipment management or expanded service operations. The asset offers a clear opportunity for entities looking to secure a substantial, versatile property in a stable Texas market.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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