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Improved Commercial Land for Sale in Odessa, Texas

5261 W Murphy, Odessa, TX 79763

$5,560,000
12.3 acres
Active
$90k drop
Est $29,326/mo

Gorgeous new construction industrial building in Odessa! FOR SALE AS INVEST. PROP W 7 YR LEASE! 1st 3 yrs, $32K/mo then 3% incr. every year after. Tenant will occupy in sept 2025 waiting on cert of occupancy.Sale price: $4.3M for 5.506 acres w 7 YR investment lease, OR $5.56M for 12.308 acres w 7 yrVery High end 2 story offices with warehouse. 2 (10 ton) cranes, washbay with tank (grated and plumbed), compressor airlines, Bring your compressor! IH-20 Frontage and Access, Chain Link fencing with Auto Gate, restrooms and break room/conference room. 12 autobays/6 drive thru. HVAC

20,000
Sq feet
2025
Built

Location

Street address
5261 W Murphy
Elevation
2,930 feet
Coordinates
31.8153, -102.4255

Property details

Acreage
12.308 acres
MLS #
PBBR 50081147
Posted

Property taxes

Recent
$25,000

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Warehouse

Structure

Style
Other

Listing history

DateEventPriceChangeSource
May 8, 2025Price drop$5,560,000$90,000 -1.6%PBBR
Apr 11, 2025Price increase$5,650,000$150,000 2.7%PBBR
Apr 1, 2025New listing$5,500,000PBBR
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This 12.308-acre property is located at 5261 W Murphy in Odessa, TX 79763. The property is available for sale for $5,560,000. It has a 20,000 sq ft structure built in 2025.

Checked 1 hour ago — Updated

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