54505268 N FM 866 Odessa, TX ^$ 1,800,000

54505268 N FM 866

^$ 1,800,000

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54505268 N FM 866

Odessa, TX, 79766

^$ 1,800,000

Bedrooms-- Baths-- Sq 12,400

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Property for Rent in Odessa, TX

for $1,800,000. This 12,400 square foot property was built in 2021 on a lot size of 5.

Prime Land HWY FM 866 Frontage! MOVE IN READY! Amazing Yard- Cleared, Caliche Lay down, Water well 7 gal/min, Fenced in front and sides. No knwn Restrictions! Great Location - near University Ave & HWY 302 W or South to I 20 W. Sale 2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN, OR: Warehouse+ Shop & 12 acres $2.3mil, $22,500/mo NNN OR: Warehouse+ Shop 24 acres $2.6 Mill, $26,500/mo NNN OR: All, WH 35+- AC $2.9 mill, $29K/mo NNN OR lease 12-24 acres at $700/acre/mo, sale $900K 12 acres LAND ONLY. Framed shop with 8" Cement foundation. Three phase 480- 600 amp in process.

Rental Active

Price

^$ 1,800,000

Taxes

^$ 2,500

Style

Industrial

Lot Size

Year Built

2021

Town/City

Odessa

County/Region

Ector

MLS | Web ID

50085401

Features

General

Year Built 2021

Property Subtype Industrial

Parcel Number ask

County Ector

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Subdivision Name Other

Garage Y/N N

Status Active

Directions From I 20 W Take Exit 104 or FM 866 Exit stay on FM 866 heading north or straight. Pass University property on right or East side of FM 866 Frontage 2 entrances. Or if you come from University turn

City Odessa

MLS Area EC2

Lot Size Units Acres

Lot Size Square Feet 217800

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2500

Showing Instructions Special Instructions Other-See Remarks

Rent Control Y/N N

Building Area Units Square Feet

Lease Type na

Living Area Units Square Feet

Standard Status Active

Occupancy Type Vacant

Legal Description Tax Rec.5268 Plat: 5350 or 5450 FM 866 Odessa TX 79766 12 ac.out of 35.79 acre tract of Land SEC 11 BLK 44 T-2-S T&P RR CO Survey Ector County TX

Freehold BBO IDX

Exterior

Lot Size Area 5

Spa N

Building Area Total 12400

Lot Size Acres 5

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

* Excluded Features

List By

New Heights Real Estate

Broker

(432) 703-2545

Phone

Nearby

Trends
Schools

About Odessa, TX

108,744 Population

21% Since 2002

^$61,245 Median Income

33.35 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1795957 Elementary School

1795677 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/26/2025	$1,800,000	-37.93%	Price Down
9/18/2025	$2,900,000		Listed Price

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54505268 N FM 866, Odessa, TX, 79766 is a Property for Rent at $1,800,000 with 12,400 sqft and a lot size of 5. 54505268 N FM 866 was built in 2021. The property's zip code is 79766 which is in Odessa, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Permian Basin Board of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Permian Basin Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/22/2025.

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54505268 N FM 866

Property for Rent in Odessa, TX

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