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Downtown Odessa Retail Opportunity
For Sale
$250,000

524 N Washington Ave, Odessa, TX 79761

COMMERCIAL - Odessa, TX

Property Size7,692 SF
Lot Size0.18 Acres
Price / SF$32.50
Days on Market127

Property Features for 524 N Washington Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Herbert Wright
Lot features Corner Lot
Standard status Active
APN 13900.00610.00000
Size 7,692 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 587
Listing Agency: BPA Commercial Properties
Listed By: Bill Anderson · License #0493571
Added: Mar 26 Changed: May 14 Last Checked: Jul 30 at 11:06PM
MLS# 156379

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located in downtown Odessa, this commercial property offers a total area of 7,692 square feet on a 0.1768-acre lot. The property is suitable for retail use and is located close to Medical Center Hospital (MCH).

Key Highlights

  • Great Location
  • Downtown Odessa location
  • Close to MCH (Medical Center Hospital)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Skin Care Clinic Electrical Service Hair Salon

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

928
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • West Odessa Florist — 800 W 4th St, Odessa, TX 79763
  • Mark Knox Flowers — 1209 E 8th St, Odessa, TX 79761
  • Jazmine's Flowers & Gifts — 1116 N Grant Ave, Odessa, TX 79761

Frequently Asked Questions

What type of property is this?
Storefront property - Retail property in a great downtown location.
Where is this storefront property located?
The property is located at 524 N Washington Ave Odessa, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Great Location; Downtown Odessa location; Close to MCH (Medical Center Hospital)
More about this property
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