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Flex Space with Three-Bay Shop
New
For Lease
$6,000/Mo

1135 W 42nd St, Odessa, TX 79764

Commercial Sale, Odessa, TX

Space SizeContact for details
Lot Size0.46 Acres
Days on Market5

Property Features for 1135 W 42nd St

General Information

Property type Commercial Lease
Property subtype Office
Fencing Fenced, Chain Link
Subdivision Wise
Standard status Active
APN 36850.00010.00000
Size 5,000 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Annual Amount 4277

Amenities

full kitchen

Building Details

Year built 1982
Building materials Brick, Metal Construction
Roof type Metal
Listing Agency: D.E. The Home Boss Group LLC
Listed By: Donavon Earl · License #809777
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 6 at 9:06PM
MLS# 177925

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.

This flex property at 1135 W 42nd St in Odessa contains 5,000 square feet, including 2,000 square feet of office space and a 3,000-square-foot shop. The office area has six private offices and a full kitchen, with additional workroom and dedicated storage. The shop is configured with three bays.

Built in 1982, the building combines brick and metal construction beneath a metal roof. The 0.4597-acre site is fenced with chain-link fencing and includes parking for staff and visitors.

Key Highlights

  • 5,000 square feet total, including 2,000 square feet of office space and a 3,000‑square‑foot shop
  • Office area includes 6 private offices and a full kitchen
  • Three‑bay shop configuration

Property Analytics

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Current Use

Diamond Nails Nail Salon R & S Swinney ... Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Nail Salon Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79764, TX

26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Odessa, TX

$13.88 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
10,602 SF
Avg Space Size

This space is priced 4% above the average of $13.88 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office, workroom, storage, and a fenced shop area support a range of commercial operations.
Where is this flex space located?
The property is located at 1135 W 42nd St Odessa, TX.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 5,000 square feet total, including 2,000 square feet of office space and a 3,000‑square‑foot shop; Office area includes 6 private offices and a full kitchen; Three‑bay shop configuration
More about this property
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