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Office Property with Storage Building
For Sale
$595,000

1011 E 7th St, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size4,710 SF
Lot Size0.56 Acres
Price / SF$126.33
Days on Market311

Property Features for 1011 E 7th St

General Information

Property type Commercial Sale
Property subtype Office
Subdivision EE1
Standard status Active
Size 4,710 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description WHIGHAM BLOCK 1 LOT 6-8 & E/2 OF LOT 9 GF
Tax Annual Amount 5864
Legal Description WHIGHAM BLOCK 1 LOT 6-8 & E/2 OF LOT 9 GF

Building Details

Year built 1981
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd
Added: Dec 16, 2025 Changed: Oct 12 Last Checked: Oct 23 at 9:06PM
MLS# 50087473

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This office property comprises two buildings totaling 4,710 square feet on a 0.5624-acre parcel. The 3,750-square-foot primary building contains a reception area, seven private offices, and two rooms suited to conferences or training. A separate, secured 960-square-foot building provides storage or shop space. The property was built in 1981.

Located at 1011 E 7th St in Odessa, the site includes customer parking and yard area. The combination of office, meeting, and auxiliary building space brings several functions together on one property.

Key Highlights

  • Two buildings totaling 4,710 square feet on 0.5624 acres
  • Main office building measures 3,750 square feet and includes a reception area
  • Seven private offices and two conference or training rooms

Property Analytics

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Current Use

Tacmed Corporate Office

Suggested Use

Top Pick Real Estate Agency Storage Facility Parking Lot & Garage Furniture & Home Goods HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - The layout pairs private offices and meeting rooms with a separate secured building for storage or shop use.
Where is this office building located?
The property is located at 1011 E 7th St Odessa, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two buildings totaling 4,710 square feet on 0.5624 acres; Main office building measures 3,750 square feet and includes a reception area; Seven private offices and two conference or training rooms
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