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Brick Storefront Retail Space

514 N Grant, Odessa, TX 79761

For Lease
$3,000/Mo

Commercial Sale, Odessa, TX

Space Size3,000 SF
Lot Size0.08 Acres
Days on Market49

Property Features for 514 N Grant

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Original Town
Standard status Active
APN 22000.01980.000
Size 3,000 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 1723

Amenities

2 restrooms

Building Details

Year built 1958
Building materials Brick
Roof type Flat
Listing Agency: The Real Estate Ranch LLC
Listed By: The Back Rank Team · License #00237674
Added: Sep 22 Changed: Oct 10 Last Checked: Nov 9 at 6:06AM
MLS# 177718

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 3,000-square-foot brick commercial building offers a storefront-oriented layout for office, retail, professional services, or other business uses. The property includes 2 restrooms, a flat roof, and private rear parking for 2 vehicles. Constructed in 1958, the building provides an established commercial setting for an occupant seeking functional space rather than a new-build environment.

The property is located at 514 N. Grant in downtown Odessa, within Ector County and the 79761 ZIP code. Its central Odessa setting pairs with dedicated rear parking to support day-to-day business operations. The building’s combination of accessible commercial space, restroom facilities, and multiple potential use categories accommodates a range of storefront and service-oriented occupancy needs.

Key Highlights

  • 3,000 square feet of commercial building area
  • Storefront property in downtown Odessa
  • 2 restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ReLeaf Downtown Pharmacy

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,017
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Odessa, TX

$18.58 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
4,293 SF
Avg Space Size

This space is priced 35% below the average of $18.58 /SF/Yr.

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

Similar Off Market Nearby

  • West Odessa Florist — 800 W 4th St, Odessa, TX 79763
  • Jazmine's Flowers & Gifts — 1116 N Grant Ave, Odessa, TX 79761
  • Mark Knox Flowers — 1209 E 8th St, Odessa, TX 79761
  • Albertsons Floral — 1350 E 8th St, Odessa, TX 79761

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial space supports office, retail, and professional service uses with private rear parking.
Where is this storefront property located?
The property is located at 514 N Grant Odessa, TX.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 3,000 square feet of commercial building area; Storefront property in downtown Odessa; 2 restrooms
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