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Light Industrial Office Warehouse
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1128-B S Grandview Ave, Odessa, TX 79761

Multi-structure light industrial property with a large office building and an office-warehouse featuring overhead doors.

Property SizeContact for details
Lot Size5.28 Acres
Days on Market136

Property Features for 1128-B S Grandview Ave

General Information

Standard status Active
Lot size 5.28 Acres
Property subtype Land

Additional Details

Utilities to Site Yes
Clear Height 16 ft
Listing Agency: NRG Realty Group
Listed By: Justin Dodd · License #9004023
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 8:02AM

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 NRG Realty Group

Investment Insights

Based on property information with market context.

This multi-structure light industrial property includes a primary 25,494 SF office building with more than 70 offices, multiple meeting and conference rooms, break areas, and restrooms. A separate office/warehouse of approximately 9,711 SF includes varying eave heights between 12’ and 16’ and several overhead doors measuring 10’ and 14’. A third office building totals approximately 2,248 SF, and additional ancillary storage spaces round out the remaining improvements.

The property is located in the city of Odessa and is zoned light industrial. Access to city utilities is available.

The existing configuration combines office space with functional warehouse/office-warehouse improvements, supporting a range of back-office and light industrial operational needs within the light industrial zoning framework.

Key Highlights

  • Multi‑structure property with a 25,494 SF office building featuring over 70 offices, multiple meeting/conference rooms, break areas, and restrooms
  • Includes a separate 9,711 SF office‑warehouse with eave heights ranging from 12' to 16' and several 10' and 14' overhead doors
  • Also features a 2,248 SF office building on the north side of the property

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

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

Lease Details

16 ft
Clear height
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

229
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-structure light industrial property with a large office building and an office-warehouse featuring overhead doors.
Where is this flex space located?
The property is located at 1128-B S Grandview Ave Odessa, TX.
What are key features of this property?
This property features: Multi‑structure property with a 25,494 SF office building featuring over 70 offices, multiple meeting/conference rooms, break areas, and restrooms; Includes a separate 9,711 SF office‑warehouse with eave heights ranging from 12' to 16' and several 10' and 14' overhead doors; Also features a 2,248 SF office building on the north side of the property
(432) 363-4777 Call to check price and availability
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