Industrial Service & Oilfield Facility with Crane Shops

509 Madrid Road, Odessa, TX 79766
12,900 SF
4 Acres
Available
Property ID: IW-00021
Sale
$1,800,000

Interested in This Property?

Overview

Building Size: 12,900 SF
Land Size: 4 Acres

Description

Built for serious industrial and oilfield operations, this multi-building facility offers heavy-duty shop space, crane capability, and a secured yard on ±4 acres in the heart of the Permian Basin. With multiple shops, drive-through bays, and a full office buildout, this property is designed to support efficient, high-volume operations from day one.

PROPERTY DESCRIPTION

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.

  • 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
  • (4) 18’ overhead doors and (2) 16’ overhead doors
  • 3 restrooms, including one separate from shop areas
  • Secured yard with perimeter fencing and gated access
  • Serviced by septic system

LOCATION OVERVIEW

509 Madrid Road is located in Odessa, Texas, in the heart of the Permian Basin—one of the most active energy-producing regions in the United States. The property benefits from proximity to major transportation corridors, including Interstate 20, providing efficient access to Midland, Odessa, and surrounding oilfield service hubs. The site is strategically positioned to serve industrial users, contractors, and service providers operating throughout Ector County and the greater Permian Basin region. Odessa’s established workforce, strong industrial infrastructure, and ongoing energy activity make this location well-suited for owner-users or investors seeking a functional industrial asset in a high-demand market.