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Commercial Land Development Site
New
For Sale
$350,000

500 &220 N Grandview, Odessa, TX 79761

Commercial land in an established business and industrial setting with access to major transportation routes.

Property SizeContact for details
Days on Market3

Property Features for 500 &220 N Grandview

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Heritage Real Estate
Listed By: Joshua De Los Reyes
Source: Raftercrossrealty
Added: Sep 14 Last Checked: Sep 15 at 6:55PM

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 Heritage Real Estate

Investment Insights

Based on property information with market context.

This commercial land offering encompasses approximately 1.43 acres, or 62,291 square feet, at 500 & 220 N. Grandview Avenue. The site is positioned for commercial, industrial, retail, office, or other development uses identified for the property.

The parcel is located in Odessa within an established commercial and industrial area. Existing businesses surround the site, and access to major transportation routes supports connectivity for future development. The property’s central Odessa address and substantial land area provide a flexible basis for evaluating multiple commercial or industrial concepts.

Key Highlights

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

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Furniture & Home Goods Accounting Firm Bakery (Bike/Boat/Book/etc) Store

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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land in an established business and industrial setting with access to major transportation routes.
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
More about this property
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