Office-Showroom Building with
For Sale
$390,000
1615 Voss Ave, Odem, TX 78370
Two-suite office and showroom building with a 2024-added warehouse, ample parking, and a fenced yard.
Property Size3,150 SF
Lot Size0.96 Acres
Price / SF$123.81
Days on Market114
Property Features for 1615 Voss Ave
General Information
Standard status
Active
Size
3,150 SF
Total Parking Spaces
20
Lot size
0.96 Acres
Zoning
CB
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Office Units
2
Building Details
Year Built
2007
Listing Agency:
Keller Williams Coastal Bend
(361) 225-7900
Listed By:
Laura Miller · License #0733440
(361) 633-1404
Source:
Exprealty
Added: Jul 1
Changed: Oct 4
Last Checked: Oct 21 at 12:26AM
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 Keller Williams Coastal Bend
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2007, this well-built stucco commercial building is currently configured for professional office and showroom use and features two separate suites. Suite 1 includes a large showroom, private office, full bathroom, and kitchenette. Suite 2 offers two private offices and a large common space, with an option for adding a third office, along with its own bathroom and kitchenette. Tile flooring runs throughout the building, and a brand-new hot water heater has been installed.
The property is located on US Hwy 77, a major thoroughfare, just under 3.5 miles from IH 37. It sits on approximately 0.96 acres across four lots with about 20 parking spaces. In 2024, a new 750 sf warehouse was added for additional storage or operational needs. A recently installed LED sign conveys with the sale.
For outdoor use and expansion, the site includes a fenced backyard secured with a rolling gate. The property is zoned Central Business District (CB) by the City of Odem and benefits from zero front and side lot line setback requirements, providing flexibility for reconfiguration or future growth within the site.
The property is located on US Hwy 77, a major thoroughfare, just under 3.5 miles from IH 37. It sits on approximately 0.96 acres across four lots with about 20 parking spaces. In 2024, a new 750 sf warehouse was added for additional storage or operational needs. A recently installed LED sign conveys with the sale.
For outdoor use and expansion, the site includes a fenced backyard secured with a rolling gate. The property is zoned Central Business District (CB) by the City of Odem and benefits from zero front and side lot line setback requirements, providing flexibility for reconfiguration or future growth within the site.
Key Highlights
- 2007 stucco commercial building set up as professional office and showroom, with two separate suites
- Suite 1: large showroom, private office, full bathroom, and kitchenette; suited for retail or client‑facing use
- Suite 2: two private offices plus large common space (room to add a third office), with bathroom and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,689
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,780
$313.8K
Cap Rate 7%
$224,129
$224.1K
Cap Rate 9%
$174,322
$174.3K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$25.3K $8.04/SF
− Vacancy
−$2.9K −$0.92/SF
EGI
$22.4K $7.12/SF
− OpEx
−$6.7K −$2.13/SF
NOI
$15.7K $4.98/SF
Area
San Patricio County, TX
Vacancy
11.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,780
Cap Rate 7%
$224,129
Cap Rate 9%
$174,322
Alternative Uses
Best Use
Office B
$582.2K
$509.4K – $679.2K
NOI $40,753 @ 7.0% cap · market cap 10.45%
Second Best
Industrial
$224.1K
$196.1K – $261.5K
NOI $15,689 @ 7.0% cap · market cap 4.02%
Theoretical Best
Hotel Hospitality
$1.62M
$1.41M – $1.89M
NOI $113,117 @ 7.0% cap · market cap 29.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
2
Office units
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78370, TX
4,746
Population
1,790
Households
2.7
Avg Household Size
41
Median Age
13%
College-Educated
82%
High-School Grad
110.1 sq mi
ZIP Area
43
Density / Sq Mi
$69,327
Median Household Income
$37,924
Median Earnings
$1,132
Median Rent
$190,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-suite office and showroom building with a 2024-added warehouse, ample parking, and a fenced yard.
Where is this flex space located?
The property is located at 1615 Voss Ave Odem, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 2007 stucco commercial building set up as professional office and showroom, with two separate suites; Suite 1: large showroom, private office, full bathroom, and kitchenette; suited for retail or client‑facing use; Suite 2: two private offices plus large common space (room to add a third office), with bathroom and kitchenette
