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Improved Commercial Land for Sale in Odessa, Texas
5261 W Murphy, Odessa, TX 79763
$4,300,000
5.5 acres
Active
Est $23,152/moGorgeous 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, OR $5.55M for 12.308 acresVery 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
- County
- Ector County
- Elevation
- 2,930 feet
Property details
- Acreage
- 5.506 acres
- MLS #
- PBBR 50081183
- Posted
Property taxes
- Recent
- $25,000
Legal description
PERMIAN PARK SUB BLOCK 1 LOT 2
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Warehouse
Structure
- Style
- Other
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 8, 2025 | Price increase | $4,300,000 | $550,000 14.7% | PBBR |
| Apr 11, 2025 | Price drop | $3,750,000 | $510,000 -12% | PBBR |
| Apr 3, 2025 | New listing | $4,260,000 | — | PBBR |
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