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Office Unit With Kitchen
New
For Sale
$90,000

516 S Grant, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size1,449 SF
Lot Size0.10 Acres
Price / SF$62.11
Days on Market5

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 1,449 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 1000

Building Details

Year built 1956
Building materials Brick, Concrete, Block
Roof type Composition
Listing Agency: Midessa Real Estate
Listed By: Armando Castillo · License #TX666015
Added: Aug 25 Last Checked: Aug 29 at 7:06PM
MLS# 177116

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 office unit provides 1,449 square feet of interior space within a 1956-built structure. The layout includes an office area, kitchen, bathroom, bedroom, and washer and dryer connections, offering a combination of workspace and supporting amenities. Construction includes brick, concrete, and block materials, with a composition roof.

The property occupies 0.1 acres and is enclosed by fencing. Located in Odessa, Texas, the building offers a compact commercial footprint for an office-oriented use, with the bedroom and household-style features incorporated into the existing layout.

Key Highlights

  • 1,449‑square‑foot office unit
  • Office layout includes kitchen, bathroom, and bedroom
  • Washer and dryer connections included

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.

Lease Details

Yes
Highway access
Yes
Paved road access

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?
Office units - Compact office property with a private kitchen, bathroom, bedroom, and washer and dryer connections.
Where is this office units 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‑square‑foot office unit; Office layout includes kitchen, bathroom, and bedroom; Washer and dryer connections included
More about this property
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