Shopping Center

Odessa, TX Shopping Centers for Sale

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Odessa Shopping Center For Sale
Updated: Mar 6
Odessa Shopping Center For Sale

601-625 E 42nd St, Odessa, TX 79762

Contact for pricing
82,264 sqft
98% leased shopping center anchored by Family Dollar and O’Reilly Auto Parts
Located at a high‑traffic intersection with over 41,000 cars per day
Significant redevelopment completed in 2020, including a new roof with a 20‑year warranty
Located in Odessa, Texas, the epicenter of the United States shale revolution
Benefits from its location within the Permian Basin
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Multi-Tenant Retail Shopping Center
Updated: Mar 31
Multi-Tenant Retail Shopping Center

2421 N County Rd W, Odessa, TX 79763

Contact for pricing
60,140 sqft 3.39 AC lot
60,140 SF multi‑tenant retail center in Odessa, TX (Heroes Plaza Shopping Center)
Anchored by TruFit Athletic Clubs at 35,000 SF on NNN with a corporate guarantee and 3.8 years remaining
3.39‑acre site at a high‑traffic intersection on N County Road W with 27,802 VPD
17.5% vacancy with multiple below‑market leases near expiration
New parking lot completed March 2025
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See what stands out in Ector County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 2 Active listings in Odessa, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Retail Shopping Center
Multi-Tenant Retail Shopping Center

6409 N Big Spring St, Midland, TX 79705

Contact for pricing
17,000 sqft

Newly constructed retail center with multiple tenant spaces and an income-producing operation.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

2602 S Gregg Street, Big Spring, TX 79720

Contact for pricing
25,601 sqft 6.96 AC lot

A 100% occupied retail plaza anchored by national and regional tenants under triple-net leases.

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Multi-Tenant NNN Retail Property
Multi-Tenant NNN Retail Property

2503 S Gregg St, Big Spring, TX 79720

Contact for pricing

Eight-tenant retail center with long-term occupants, NNN leases, and an out-parcel position beside a Walmart Supercenter.

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Remodeled Four-Unit Storefront Property
Remodeled Four-Unit Storefront Property

3406 Thomason Dr, Midland, TX 79703

Contact for pricing

Updated commercial interiors, paved parking, and rear chain-link fencing support flexible storefront operations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Planned District Zoning
Commercial Land with Planned District Zoning

1900 Beal Parkway, Midland, TX 79703

$1,380,050
3.94 AC lot

Planned District parcel with city water and sewer serving a range of approved-use categories subject to city approval.

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Off-Market Properties in Odessa, TX

Consider similar Off-Market properties in Odessa, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2404 Dixie Blvd
SHOPPING CENTER, STRIP CENTER

2404 Dixie Blvd, Odessa, TX 79761-1407

$330,000
Estimated value
2,821 sqft 0.09 AC lot
View details
7108 University Blvd
SHOPPING CENTER, STRIP CENTER

7108 University Blvd, Odessa, TX 79764-8580

$300,000
Estimated value
5,000 sqft 1.10 AC lot
View details
1205 Dixie Blvd
SHOPPING CENTER, STRIP CENTER

1205 Dixie Blvd, Odessa, TX 79761-6713

$380,000
Estimated value
3,600 sqft 0.17 AC lot
View details
2600 Grandview Ave
SHOPPING CENTER, STRIP CENTER

2600 Grandview Ave, Odessa, TX 79761-1608

$770,000
Estimated value
26,020 sqft 2.63 AC lot
View details
5125 Wayland Dr
SHOPPING CENTER, STRIP CENTER

5125 Wayland Dr, Odessa, TX 79762-5520

$345,000
Estimated value
4,560 sqft 1.25 AC lot
View details
4060 Faudree Rd
SHOPPING CENTER, STRIP CENTER

4060 Faudree Rd, Odessa, TX 79765-8753

$1,290,000
Estimated value
21,044 sqft 1.89 AC lot
View details
826 Clements St
SHOPPING CENTER, STRIP CENTER

826 Clements St, Odessa, TX 79763-4601

$355,000
Estimated value
8,040 sqft 2.02 AC lot
View details
2317 Fld St
SHOPPING CENTER, STRIP CENTER

2317 Fld St, Odessa, TX 79761-4908

$295,000
Estimated value
1,568 sqft 2.07 AC lot
View details
1017 Grant Ave
SHOPPING CENTER, STRIP CENTER

1017 Grant Ave, Odessa, TX 79761-6611

$570,000
Estimated value
21,187 sqft 2.39 AC lot
View details
601 42nd St
SHOPPING CENTER, STRIP CENTER

601 42nd St, Odessa, TX 79762-7721

$2,315,000
Estimated value
70,873 sqft 6.39 AC lot
View details
718 Grandview Ave
SHOPPING CENTER, STRIP CENTER

718 Grandview Ave, Odessa, TX 79761-7157

$305,000
Estimated value
2,700 sqft 0.63 AC lot
View details
2720 Grandview Ave
SHOPPING CENTER, STRIP CENTER

2720 Grandview Ave, Odessa, TX 79762-6953

$585,000
Estimated value
18,300 sqft 1.68 AC lot
View details
405 57th St
SHOPPING CENTER, STRIP CENTER

405 57th St, Odessa, TX 79764-3560

$295,000
Estimated value
9,000 sqft 1.90 AC lot
View details
6010 Eastridge Rd
SHOPPING CENTER, STRIP CENTER

6010 Eastridge Rd, Odessa, TX 79762

$495,000
Estimated value
6,000 sqft 2.74 AC lot
View details
2018 42nd St
SHOPPING CENTER, STRIP CENTER

2018 42nd St, Odessa, TX 79762-5841

$8,265,000
Estimated value
81,810 sqft 6.68 AC lot
View details
2260 Linda Ave
SHOPPING CENTER, STRIP CENTER

2260 Linda Ave, Odessa, TX 79763-2661

$850,000
Estimated value
14,892 sqft 1.61 AC lot
View details
2818 County W Rd
SHOPPING CENTER, STRIP CENTER

2818 County W Rd, Odessa, TX 79764-1666

$465,000
Estimated value
17,820 sqft 1.13 AC lot
View details
1212 10th St
SHOPPING CENTER, STRIP CENTER

1212 10th St, Odessa, TX 79763-3546

$345,000
Estimated value
1,872 sqft 0.24 AC lot
View details
2419 County W Rd
SHOPPING CENTER, STRIP CENTER

2419 County W Rd, Odessa, TX 79763-2677

$930,000
Estimated value
63,089 sqft 3.39 AC lot
View details
5181 42nd St
WHOLESALE OUTLET, DISCOUNT STORE

5181 42nd St, Odessa, TX 79762-5207

$3,625,000
Estimated value
104,831 sqft 10.00 AC lot
View details
1000 87th St
SHOPPING CENTER, STRIP CENTER

1000 87th St, Odessa, TX 79765-1309

$590,000
Estimated value
7,560 sqft 6.20 AC lot
View details
1011 Whitaker Ave
SHOPPING CENTER, STRIP CENTER

1011 Whitaker Ave, Odessa, TX 79763-3556

$295,000
Estimated value
1,586 sqft 1.50 AC lot
View details

Odessa, TX Shopping Centers Market Trends and Statistics

Explore 59 shopping centers for sale in Odessa, TX on our real estate platform. These investment opportunities span a total of 142,404 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Automotive properties 44
Storefront properties 36
Auto shops 24
Shopping centers 13
Car washes 12

Demographics Overview

Population 167K
Population Growth (5Y) +19.0%
Median Household Income $72,637
College Educated 14.8%

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $47.77 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ector County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Ector County

Office

Residential Income

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