Retail-Ready Office/Service
For Lease
$3,250/Mo
518 S Grant, Odessa, TX 79761
COMMERCIAL - Odessa, TX
Property Size1,920 SF
Lot Size0.10 Acres
Days on Market94
Property Features for 518 S Grant
General Information
Property type
Commercial Lease
Property subtype
Other
Subdivision
Smith Pearson
Standard status
Active
APN
29200.00260.00000
Size
1,920 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
40000
Building Details
Year built
1957
Floors in Building
1
Building materials
Brick
Roof type
Composition
Listing Agency:
TruStar Real Estate
(877) 400-0340
Listed By:
Trust Key Team @ Trustar Real Estate · License #0567493
(432) 889-0501
Added: Apr 29
Changed: Jun 3
Last Checked: Jul 31 at 3:06AM
MLS# 174261
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 commercial space offers central heat and air and a practical interior layout with separate men's and women's restrooms. The suite is sized at approximately 1,920 square feet, providing room for a variety of office, retail, service, or professional operations.
Located at 518 S Grant Ave in Odessa, Texas, the property provides convenient access and street-facing frontage. It is presented as being in a high-traffic area, which can support daily customer or client traffic depending on your business model.
The configuration and restroom setup make this unit workable for tenants seeking a professional environment with basic amenities already in place. With flexibility for office, retail, service business, or professional use, it may suit operators looking for a ready-to-occupy space where layout and core systems are already established.
Located at 518 S Grant Ave in Odessa, Texas, the property provides convenient access and street-facing frontage. It is presented as being in a high-traffic area, which can support daily customer or client traffic depending on your business model.
The configuration and restroom setup make this unit workable for tenants seeking a professional environment with basic amenities already in place. With flexibility for office, retail, service business, or professional use, it may suit operators looking for a ready-to-occupy space where layout and core systems are already established.
Key Highlights
- High‑traffic location with strong visibility
- Versatile space suitable for office, retail, service, or professional use
- Approximately 1,920 SF of space
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
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
Lease Benchmarks for Odessa, TX
$21.3 /SF/Yr
Avg Asking Price
$4.31–$60 /SF/Yr
Price Range
6,909 SF
Avg Space Size
This space is priced 5% below the average of $21.3 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Suite with central heat and air, separate restrooms, and street-facing frontage for office, retail, or service use.
Where is this office units located?
The property is located at 518 S Grant Odessa, TX.
What is the lease rate?
The lease rate is $3,250 /Mo.
What are key features of this property?
This property features: High‑traffic location with strong visibility; Versatile space suitable for office, retail, service, or professional use; Approximately 1,920 SF of space
