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Flex Space with Pull-Through Bays
New
For Lease
$12,500/Mo

501 Sterling Park Rd, Odessa, TX 79762

Commercial Sale, Odessa, TX

Space Size8,000 SF
Lot Size2.48 Acres
Days on Market1

Property Features for 501 Sterling Park Rd

General Information

Property type Commercial Lease
Property subtype Office
Property condition Under Construction
Fencing Gate
Subdivision Sterling Park 2nd Filing
Standard status Active
APN 29985.00610.00000
Size 8,000 SF
Lot size 2.48 Acres

Taxes and HOA fees

Tax Annual Amount 1207

Utilities

Sewer type Private Sewer
Water source Well

Amenities

6 offices
men's & women's single bathrooms
shop bathroom with shower
3 pull through bays

Building Details

Year built 2025
Building materials Metal Construction
Roof type Metal
Listing Agency: All City Real Estate Ltd. Co.
Listed By: Jessica Meraz · License #631928
Added: Oct 29 Last Checked: Oct 29 at 9:06PM
MLS# 173511

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.

Rey
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Investment Insights

Based on property information with market context.

This 8,000-square-foot flex property is under construction and is planned with 6,000 square feet of shop space and 2,000 square feet of office space. The office area includes six offices, along with separate men’s and women’s single bathrooms. A shop bathroom with a shower and three pull-through bays are also part of the layout.

The metal-constructed building is on a 2.483-acre site and is scheduled for completion in 2025. The property has a gated fence, a metal roof, well water, and private sewer service.

Key Highlights

  • 6,000 square feet of shop space and 2,000 square feet of office space
  • Three pull‑through bays
  • Six offices, men’s and women’s single bathrooms, and a shop bathroom with shower

Property Analytics

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Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 79762, TX

40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
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Market

Lease Benchmarks for Odessa, TX

$14.41 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
10,985 SF
Avg Space Size

This space is priced 30% above the average of $14.41 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Flex space - Under-construction facility pairs substantial shop area with dedicated offices and private well and sewer service.
Where is this flex space located?
The property is located at 501 Sterling Park Rd Odessa, TX.
What is the lease rate?
The lease rate is $12,500/Mo.
What are key features of this property?
This property features: 6,000 square feet of shop space and 2,000 square feet of office space; Three pull‑through bays; Six offices, men’s and women’s single bathrooms, and a shop bathroom with shower
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