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516 S Grant, Odessa, TX 79761

Commercial land along Andrews Hwy with an existing office configuration and residential-style support areas.

Property Size1,449 SF
Price / SF$62.11
Days on Market8

Property Features for 516 S Grant

General Information

Standard status Active
Size 1,449 SF
Property subtype Land

Building Details

Year Built 1956
Listing Agency: Midessa Real Estate
Listed By: Armando Castillo · License #TX666015
Source: Crexi
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 9:36PM

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 Midessa Real Estate

Investment Insights

Based on property information with market context.

This commercial land property includes an existing structure configured with office space, a kitchen, bathroom, bedroom, and washer and dryer connections. The improvements were built in 1956 and provide a combination of workspace and support areas within the property.

Located at 516 S Grant in Odessa, the property sits along Andrews Hwy. The address places the asset within an established commercial corridor while retaining its commercial land classification.

Key Highlights

  • 1,449 property size
  • Existing office space with kitchen and bathroom
  • Bedroom included in the existing configuration

Property Analytics

Current Use

Simplee Posh Clothing & Fashion Store Control Temp Refrigeration Hardware & Home Improvement

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.

Location Intelligence

Trade Area within ½ mile

2,017
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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land along Andrews Hwy with an existing office configuration and residential-style support areas.
Where is this commercial land located?
The property is located at 516 S Grant Odessa, TX.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 1,449 property size; Existing office space with kitchen and bathroom; Bedroom included in the existing configuration
(432) 238-3168 Call to check price and availability
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