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Commercial Land Parcel
New
For Sale
$350,000

500&220 N Grandview, Odessa, TX 79761

Land, Odessa, TX

Property SizeContact for details
Lot Size1.43 Acres
Days on Market4

Property Features for 500&220 N Grandview

General Information

Property type Land
Property subtype Other
Subdivision Royalty Heights
Lot features Pad Site
Elementary school Gonzales
Middle school Bonham
High school Permian
Standard status Active
APN 27750.02410.00000
Lot size 1.43 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Heritage Real Estate
Listed By: Joshua De Los Reyes
Added: Sep 11 Last Checked: Sep 14 at 9:06AM
MLS# 177335

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 commercial land offering includes approximately 1.43 acres, or 62,291 sq. ft., at 500 & 220 N. Grandview Avenue in Odessa, Texas. The site is identified for commercial land use and is located within an established commercial and industrial area.

Public water and public sewer service are available. The property is surrounded by businesses and positioned near major transportation routes, providing a location suited to evaluating commercial or industrial development options.

Key Highlights

  • Approximately 1.43 acres of commercial land
  • Approximately 62,291 sq. ft. of land
  • Located at 500 & 220 N. Grandview Avenue, Odessa, TX 79761

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

982
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with public water and sewer service at an established Odessa address.
Where is this commercial land located?
The property is located at 500&220 N Grandview Odessa, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 1.43 acres of commercial land; Approximately 62,291 sq. ft. of land; Located at 500 & 220 N. Grandview Avenue, Odessa, TX 79761
More about this property
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