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    1116 N Grant Ave Odessa, TX 79761

    For Lease
    $3,800 /Mo ($12 SF/Yr)

    SINGLE_FAMILY - Odessa, TX

    Type:Office
    Property size:
    3,570 SF
    Lot size:
    0.70 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1116 N Grant Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    28100.02430.00000
    Size
    3,570 SF
    Lot size
    0.70 Acres

    Building Details

    Year built
    1956
    Floors in Building
    1
    Building materials
    Brick, Stucco
    Roof type
    Flat

    Meraki Home Realty, LLC (432) 272-0404

    Listing agent Fernie Gutierrez (432) 557-2200

    Listing date Aug 26, 2025

    Copyright © 2025 Odessa 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.

    Overview

    Upgraded Commercial Building For Rent

    This upgraded commercial building is available for rent in a prime, high-traffic location. The property has been recently improved with new paint, updated plumbing, and modernized electrical systems. Currently configured as a barbershop, the flexible layout allows for a variety of business uses. The building offers great visibility and easy access. The lot size is 0.7 acres and the property size is 3,570 square feet. It is located in Odessa, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jazmine's Flowers & Gifts Florist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West Odessa Florist, Jazmine's Flowers & Gifts

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3734892
    Latitude
    31.8544396

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    FAQs

    What type of property is this?
    Storefront property - High-traffic location, flexible layout, ready for immediate occupancy.
    Where is this storefront property located?
    The property is located at 1116 N Grant Ave Odessa, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime, high-traffic location offers **excellent visibility and accessibility**.; - **Fully upgraded with new paint, updated plumbing, and modernized electrical systems.**; - Flexible layout suitable for a variety of business uses.
    (432) 557-2200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 N Grant Ave Odessa, TX 79761
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