Office-Showroom Building with
1615 Voss Avenue Odem, TX 78370
1615 Voss Avenue, Odem, TX, 78370
Contact for pricing
For Sale
Contact for pricing
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 Market21
Property Features for 1615 Voss Avenue
General Information
- Standard status
- Active
- Size
- 3,150 SF
- Lot size
- 0.96 Acres
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 2007
Listing agency
KW RGV Keller Williams Realty
(956) 566-8377
Listed by
Deldi Ortegon · License #TX
Source
Crexi
Added: Jul 2 Updated: Jul 21 at 12:05AM Checked: Jul 21 at 12:05AM
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 KW RGV Keller Williams Realty
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
Local Financial Insights For Warehouse
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 | $26.5k | $8.40 |
| − Vacancy | −$1.9k | −$0.59 |
| EGI | $24.6k | $7.81 |
| − OpEx | −$3.7k | −$1.17 |
| NOI | $20.9k | $6.64 |
3,150 SF · lease $8.40/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$582.2K
$509.4K – $679.2K
NOI $40,753 @ 7.0% cap · market cap 10.45%
Second Best
Warehouse
$298.8K
$261.5K – $348.6K
NOI $20,917 @ 7.0% cap · market cap 5.36%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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 Avenue 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
