1400 N Grandview, Odessa, TX 79761
SINGLE_FAMILY - Odessa, TX
- Added:
- May 31, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 15 at 9:06 am
Property Features for 1400 N Grandview
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 07000.06904.00000
- Size
- 2,275 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3750
Building Details
- Year built
- 1974
Listing agent Lilliana Sotelo License #0786206 (432) 246-6687
Listing office Heritage Real Estate 5030 E University, Suite B 401, Odessa, TX (432) 701-0550
Listing date May 31, 2026
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.
HighLights
- Professional office building
- Convenient location
- Flexible space suitable for a variety of business needs
- Corner lot
- Year Built: 1974
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.8k | $21.00 |
| − Vacancy | −$7.4k | −$3.26 |
| EGI | $40.4k | $17.75 |
| − OpEx | −$10.1k | −$4.44 |
| NOI | $30.3k | $13.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.3391542
- Latitude
- 31.8370139
