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Flex Space with Rail Spur
For Sale
$1,500,000

521 S Grandview, Odessa, TX 79761

Commercial Sale, Odessa, TX

Property Size20,382 SF
Lot Size2.30 Acres
Price / SF$73.59
Days on Market48

Property Features for 521 S Grandview

General Information

Property type Residential
Property subtype Office
Fencing Fenced, Chain Link
Subdivision Southeast Industrial Sites
Lot features Rail Spur, Rail Available
Standard status Active
APN 29300.00132.00000
Size 20,382 SF
Lot size 2.30 Acres

Taxes and HOA fees

Tax Annual Amount 15661

Utilities

Sewer type Private Sewer

Building Details

Year built 1972
Building materials Metal Construction
Roof type Metal
Listing Agency: Beyond Realty, LLC
Listed By: Pamela Mendoza · License #0705565
Added: Jul 7 Changed: Aug 20 Last Checked: Aug 23 at 12:06AM
MLS# 176022

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 20,382-square-foot flex property combines approximately 6,200 square feet of office space with 14,182 square feet of warehouse area on 2.3 acres. The warehouse includes four 10' x 17' loading dock doors, one 15' x 11' overhead door, 3-phase electrical service, and three 5-ton A/C units. Multiple separated shop areas provide distinct spaces for varied uses. Constructed in 1972, the building has metal construction, a metal roof, private sewer, and chain-link fencing.

A rail spur sits directly behind the warehouse, providing on-site railroad access. The property also offers convenient connectivity to I-20 and is located in Odessa, Texas. Its combination of office, warehouse, shop, loading, electrical, and rail infrastructure supports a range of commercial and industrial operations.

Key Highlights

  • 20,382 square feet on 2.3 acres
  • Approximately 6,200 SF of office space and 14,182 SF of warehouse space
  • Rail spur located directly behind the warehouse

Property Analytics

Current Use

Oxygen Resources Inc Pharmacy

Suggested Use

Top Pick Law Firm Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service

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

4
Dock-high doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
Balanced
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse improvements support logistics, industrial, and multi-use operations with direct access to I-20.
Where is this flex space located?
The property is located at 521 S Grandview Odessa, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 20,382 square feet on 2.3 acres; Approximately 6,200 SF of office space and 14,182 SF of warehouse space; Rail spur located directly behind the warehouse
More about this property
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