Search
Three-Building Flex Property
For Sale
$595,000

302 Industrial Ave, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size14,830 SF
Lot Size3.40 Acres
Price / SF$40.12
Days on Market203

Property Features for 302 Industrial Ave

General Information

Property type Residential
Property subtype Office
Fencing Chain Link
Subdivision Southeast Industrial Sites
Lot features Corner Lot
Standard status Active
APN 29300.00150.00000
Size 14,830 SF
Lot size 3.40 Acres

Taxes and HOA fees

Tax Annual Amount 1383

Amenities

reception
private offices
conference room
IT closet
lab with sink
restrooms

Building Details

Year built 1964
Listing Agency: NRG Realty Group, LLC
Listed By: Justin Dodd · License #9004023
Added: Feb 4 Changed: Aug 20 Last Checked: Aug 26 at 9:06AM
MLS# 167131

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.

Investment Insights

Based on property information with market context.

This flex property comprises 14,830 square feet across three buildings on 3.4 acres. The office component includes a reception area, private offices, conference room, IT closet, laboratory with sink, and restrooms. These improvements provide a defined administrative area within the broader industrial layout.

Shop 1 contains 10,000 square feet with multiple overhead doors, a dock well, heaters, and mezzanine storage. Shops 2 and 3 add further building space to the site. Chain-link fencing secures the property, which was built in 1964 and is located at 302 Industrial Ave in Odessa, Texas.

Key Highlights

  • 14,830 SF across three buildings on 3.4 acres
  • 10,000 SF Shop 1 with multiple overhead doors
  • Dock well, heaters, and mezzanine storage in Shop 1

Property Analytics

Current Use

Ace Specialties Inc Factory

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Garden Center

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

308
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Office, shop, and storage improvements support administrative, service, and industrial operations.
Where is this flex space located?
The property is located at 302 Industrial Ave Odessa, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 14,830 SF across three buildings on 3.4 acres; 10,000 SF Shop 1 with multiple overhead doors; Dock well, heaters, and mezzanine storage in Shop 1
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message