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Retail Property with 11.25% CAP
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1017 S Grant Ave, Odessa, TX 79761

For-sale retail property totaling 21,885 SF, marketed at an 11.25% CAP.

Property Size21,885 SF
Days on Market136

Property Features for 1017 S Grant Ave

General Information

Standard status Active
Size 21,885 SF
Property subtype Retail

Additional Details

Cap Rate 11.25%
Listing Agency: Summit Real Estate
Listed By: Will Schubert · License #02283569
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 10:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail property is offered as an income-focused investment, with the offering described as a 11.25% CAP. The property is listed as retail space totaling 21,885 SF.

The asset is located at 1017 S Grant Ave in Odessa, Texas (79761).

Key Highlights

  • For‑sale retail property totaling 21,885 SF
  • Marketed with an 11.25% cap rate

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Computer & Electronic Repair

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

1,745
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property totaling 21,885 SF, marketed at an 11.25% CAP.
Where is this retail space located?
The property is located at 1017 S Grant Ave Odessa, TX.
What are key features of this property?
This property features: For‑sale retail property totaling 21,885 SF; Marketed with an 11.25% cap rate
More about this property
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