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    Odessa, TX
    Flex Space

    Odessa, TX Flex Space for Sale

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    Splitable Flex Office Suite
    Updated: Jul 16
    Splitable Flex Office Suite

    2651 John Ben Shepperd Pkwy, Odessa, TX 79761

    $675,000
    3,974 sqft
    Move‑in ready commercial space across from the University of Texas Permian Basin
    7 offices plus 2 multi‑stall restrooms
    Can be split into 2 suites
    Year built 1979 with stucco and wood construction
    Metal roof with individual AC and individual heating units
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    This listing looks promising.

    Here's a quick look at some key insights for

    2651 John Ben Shepperd Pkwy, Odessa, TX 79761

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Mortgage

      $248K
      Aug 2019

    • Property Type

      Commercial (General)
      Built 1979
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    Metal Office-Shop with Pull-Through Bays
    Updated: Jul 3
    Metal Office-Shop with Pull-Through Bays

    1010 S Meadow Ave, Odessa, TX 79761

    $1,150,000
    6,400 sqft 2.31 AC lot
    6,400 SF metal office/shop on 2.31 acres in Dovecote Industrial Park, including 3 contiguous lots (all convey)
    Office layout includes 8 private offices and a reception area
    4‑bay pull‑through shop with two 12' x 14' overhead doors and a fire separation wall
    ADA features include accessible approach with ramp and ADA restroom + shower
    Fenced, stabilized yard with ample paved parking and chain‑link fencing
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    Metal Industrial Building with Two-Story Office
    Metal Industrial Building with Two-Story Office

    1850 N Palomino Ave, Odessa, TX 79763

    $1,100,000
    11,200 sqft 2.35 AC lot

    Newly constructed metal building with fenced yard, two-story office, and shop space for industrial or service operations.

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    Office/Warehouse with Loading Dock Doors
    Office/Warehouse with Loading Dock Doors

    521 S Grandview, Odessa, TX 79761

    $1,500,000
    20,382 sqft 2.30 AC lot

    Well-accessed office and warehouse layout with multiple loading dock doors and separated shop spaces for industrial operations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multi-Building Industrial Flex Property
    Multi-Building Industrial Flex Property

    302 Industrial Ave, Odessa, TX 79761

    $595,000
    14,830 sqft 3.40 AC lot

    Industrial flex property with a main office and a 10,000 SF shop featuring multiple overhead doors and a dock well.

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    Industrial Flex Property with Wash-Bay
    Industrial Flex Property with Wash-Bay

    1622 W 2nd St, Odessa, TX 79763

    $1,100,000
    12,936 sqft 2.06 AC lot

    Industrial flex complex with three buildings, multiple overhead doors, and a crane-ready open-air, fenced wash-bay.

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    Industrial Flex Building with Paint Booth
    Industrial Flex Building with Paint Booth

    210 E 57th St, Odessa, TX 79762

    $899,000
    11,200 sqft 0.89 AC lot

    Industrial flex building with built-in offices, complete paint booth, and additional metal building and awnings.

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    Flex Office with Mechanic Shop
    Flex Office with Mechanic Shop

    3670 N Moss Ave, Odessa, TX 79764

    $1,850,000
    7,500 sqft 4.71 AC lot

    Furnished office layout includes multiple offices, conference rooms, a mechanic shop, storage, and a 10-man camp with ample parking.

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    Industrial Property with Yard
    Industrial Property with Yard

    11010 W Joan Dr, Odessa, TX 79764

    $1,370,000
    8,592 sqft 5.76 AC lot

    Fully fenced yard with a 50-by-80 warehouse shop, office-showroom, and residential housing on-site.

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    Industrial Machine Shop with Cranes
    Industrial Machine Shop with Cranes

    3351 Westover, Odessa, TX 79764

    $850,000
    9,730 sqft 1.40 AC lot

    Functional machine shop on a fully fenced yard with a climate-controlled office, large warehouse/shop, and covered storage canopy.

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    Industrial Flex Yard Property
    Industrial Flex Yard Property

    2466 FM 1936, Odessa, TX 79763

    $1,100,000
    5,250 sqft 1.70 AC lot

    Industrial flex property includes a gated yard, functional office, and warehouse space with three 14x14 overhead doors.

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    Industrial Office Shop with Yard
    Industrial Office Shop with Yard

    1010 S S Meadow Ave, Odessa, TX 79761

    $1,150,000
    6,400 sqft 2.31 AC lot

    Metal office/shop with pull-through bays, large overhead doors, and fenced, stabilized yard on light industrial land.

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    Multi-Building Industrial Complex
    Multi-Building Industrial Complex

    714 E 2nd St., Odessa, TX 79761

    $1,500,000
    36,050 sqft 2.54 AC lot

    Fully fenced industrial complex with multiple buildings totaling over 36,000 SF and a truck-loading warehouse.

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    Renovated Warehouse with Front Offices
    Renovated Warehouse with Front Offices

    2400 Steven Rd., Odessa, TX 79764

    $2,499,900
    38,465 sqft 3.62 AC lot

    Almost fully renovated warehouse with a showroom, front office build-out, and secured rear parking with camera monitoring.

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    Industrial Flex Facility with Cranes
    Industrial Flex Facility with Cranes

    1551 Laredo Dr, Odessa, TX 79761

    $1,995,000
    22,095 sqft

    Two buildings totaling office, shop, and warehouse space with fenced yard, heavy power, and multiple overhead doors.

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    Gated Industrial Machine Shop Campus
    Gated Industrial Machine Shop Campus

    5263 W University Blvd, Odessa, TX 79763

    $900,000
    22,800 sqft 1.64 AC lot

    Three gated buildings include large shop areas with 10x12 overhead doors and office space.

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    Office-Warehouse with Rail Spur
    Office-Warehouse with Rail Spur

    521 S Grandview, Odessa, TX 79761

    $1,500,000
    20,382 sqft

    This flex-style facility includes warehouse loading doors, office improvements, and direct rear rail spur access.

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    Odessa Commercial Flex Space Available
    Odessa Commercial Flex Space Available

    9054 W University Blvd, Odessa, TX 79764

    $1,290,000
    10,505 sqft 1.41 AC lot

    Versatile 10,505 SF flex space in Odessa, Texas.

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    Industrial Facility with Overhead Cranes
    Industrial Facility with Overhead Cranes

    2119 W 44th St, Odessa, TX 79706

    $855,000
    9,000 sqft

    9,000 SF flex-style industrial building with office space, five overhead doors, and dedicated wash bay on 0.83 acres.

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    Industrial Flex Facility with Crane
    Industrial Flex Facility with Crane

    2119 W 44th St, Odessa, TX 79764

    $855,000
    9,000 sqft 0.83 AC lot

    Industrial facility with office and shop space, five overhead doors, overhead crane systems, and a dedicated wash bay.

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    Flex Warehouse with Offices
    Flex Warehouse with Offices

    3431 Arcadia, Odessa, TX 79764

    $395,000
    4,017 sqft

    Flex warehouse features three offices, two restrooms, and two insulated overhead-door shops.

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    Industrial Property with Overhead Doors
    Industrial Property with Overhead Doors

    1551 Laredo Dr, Odessa, TX 79761

    $1,995,000
    22,095 sqft 6.78 AC lot

    Two-building industrial compound with office, shop, and warehouse space plus multiple overhead doors and fenced, stabilized yard.

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    Industrial Flex Parcel with Yard
    Industrial Flex Parcel with Yard

    714 E 2nd St, Odessa, TX 79761

    $1,500,000
    36,050 sqft

    Fully fenced yard and parking support four buildings totaling over 36,000 SF, including retail/office, showroom, and dock-height warehouse.

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    Flex Space with Kennel Stalls
    Flex Space with Kennel Stalls

    7012 W Mockingbird Lane, Odessa, TX 79763

    $395,000
    17,652 sqft 0.75 AC lot

    Flex space facility includes two office areas and kennel buildings with approximately eight livestock stalls.

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    Odessa, TX Flex Space Market Trends and Statistics

    Explore 72 flex space for sale in Odessa, TX, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 846,642 square feet of properties for sale, with an estimated market value of $50,491,576.

    Sale prices for business spaces in Odessa, TX start at $395,000, averaging $1,364,637, and reaching up to $5,560,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 118
    Manufacturing properties 31
    Distribution centers 12
    Truck terminals 7

    Demographics Overview

    Population 167K
    Population Growth (5Y) +19.0%
    Median Household Income $72,637
    College Educated 14.8%

    High-Yield Neighborhoods for Investment

    Identify Odessa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79765 $222.5K
    79762 $756K
    79761 $841.3K
    79763 $920.2K
    79766 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $47.77 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ector County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ector County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Odessa fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Odessa, TX

    • 79763
    • 79761
    • 79764
    • 79762
    • 79766
    • 79706
    • 79741
    • 79765

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