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    422 N Grant Ave Odessa, TX 79761

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    For Sale
    $490,000

    5,400 SF office building in downtown Odessa, TX.

    Property size:
    5,400 SF
    Lot size:
    0.08 Acres

    Property Features for 422 N Grant Ave

    General Information

    Size
    5,400 SF
    Lot size
    0.08 Acres

    Source: NRG Realty Group - Dallas/Fort Worth Agent Justin Dodd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Odessa Office Building

    This 5,400 SF commercial building is located on a 0.08-acre corner lot at N Grant Ave and E 5th Street in central Odessa, TX. The property offers visibility and potential for office or retail use. The interior, formerly a law firm, includes a reception area, two private offices, a rear breakroom with a full kitchen, upstairs storage, and a large built-in safe. The storefront of the building has a black marble facade with windows. The property suits a variety of business types seeking a high-traffic space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.36528
    Latitude
    31.841703

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    FAQs

    What type of property is this?
    Office building - 5,400 SF office building in downtown Odessa, TX.
    Where is this office building located?
    The property is located at 422 N Grant Ave Odessa, TX.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - Prime downtown Odessa location at the corner of N Grant Ave and E 5th Street.; - High visibility end-cap building suitable for office or retail use.; - Spacious 5,400 SF commercial building.
    (214) 534-7976
    Request Owner's contact information
    422 N Grant Ave Odessa, TX 79761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    422 N Grant Ave Odessa, TX 79761
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