Flex Space with Auxiliary
New
For Sale
$175,000
516 S Grant, Odessa, TX 79761
Commercial Sale, Odessa, TX
Property Size1,769 SF
Lot Size0.27 Acres
Price / SF$98.93
Days on Market3
Property Features for 516 S Grant
General Information
Property type
Commercial Sale
Property subtype
Office
Fencing
Fenced
Subdivision
Smith Pearson
Lot features
Corner Lot
Standard status
Active
APN
29200.00250.00000
Size
1,769 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
1000
Amenities
kitchen
bath
bedroom
washer and dryer connections
Building Details
Year built
1956
Building materials
Brick, Concrete, Block
Roof type
Composition
Listing Agency:
Midessa Real Estate
(432) 279-1314
Listed By:
Armando Castillo · License #TX666015
(432) 238-3168
Added: Aug 22
Last Checked: Aug 24 at 1:06AM
MLS# 177057
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 flex property includes a primary building with office space, a kitchen, bathroom, bedroom, and washer and dryer connections. The improvements also include a separate 320-square-foot building and two garage shops totaling approximately another 1200 square feet. The property size is 1769 square feet on a 0.27-acre lot.
Located at 516 S Grant in Odessa, the site is fenced and features brick, concrete, and block construction. The property was built in 1956 and has a composition roof, offering a combination of office, auxiliary building, and shop space within an established commercial setting.
Located at 516 S Grant in Odessa, the site is fenced and features brick, concrete, and block construction. The property was built in 1956 and has a composition roof, offering a combination of office, auxiliary building, and shop space within an established commercial setting.
Key Highlights
- Primary property size of 1769 square feet on a 0.27‑acre lot
- Separate 320sqft building suited to additional office or drive‑thru use
- Two garage shops totaling approximately another 1200 sqft
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,017
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- EL Sazón de Juárez — 500 E 3rd St, Odessa, TX 79761
Frequently Asked Questions
What type of property is this?
Flex space - Fenced commercial property with office amenities, garage shops, and a separate smaller building for additional business use.
Where is this flex space located?
The property is located at 516 S Grant Odessa, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Primary property size of 1769 square feet on a 0.27‑acre lot; Separate 320sqft building suited to additional office or drive‑thru use; Two garage shops totaling approximately another 1200 sqft
