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Retail Property on I-20 Loop
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1506 W 2nd St, Odessa, TX

Retail property with direct access to I-20 and Hwy 385.

Property Size21,500 SF
Lot Size1.56 Acres
Price / SF$83.72
Days on Market439

Property Features for 1506 W 2nd St

General Information

Standard status Active
Size 21,500 SF
Lot size 1.56 Acres
Property subtype RETAIL
Listing Agency: Marcus & Millichap | San Diego
Listed By: Alvin N. Mansour · License #0606255
Source: Moodyscre
Added: May 19, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:17AM

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 Marcus & Millichap | San Diego

Investment Insights

Based on property information with market context.

This retail property is strategically located on the I-20 Business Loop, offering direct access to I-20 and Hwy 385. The property is situated near the Odessa Motor Freight Terminal and Union Pacific Rail Yard, placing it within a core trucking corridor for West Texas logistics. The surrounding area is densely populated. The property has a size of 21500 square feet and features annual rental increases.

Key Highlights

  • Strategically located on I‑20 Business Loop
  • Direct access to I‑20 & Hwy 385
  • Core trucking corridor for West Texas logistics

Property Analytics

Current Use

LubeZone Truck Lube ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Garden Center Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

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

553
Businesses Nearby

Market

Average Price Trend$/SF for Retail properties & Spaces in Odessa, TX

Jan
$188 Feb
$160 Mar
$140 Apr
$116 May
$136 Jun

Properties on Market for Retail properties & Spaces in Odessa

Jan
Feb
Mar
Apr
May
Jun

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
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Frequently Asked Questions

What type of property is this?
Retail property - Retail property with direct access to I-20 and Hwy 385.
Where is this retail property located?
The property is located at 1506 W 2nd St Odessa, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Strategically located on I‑20 Business Loop; Direct access to I‑20 & Hwy 385; Core trucking corridor for West Texas logistics
(858) 373-3184 Call to check price and availability
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