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    Office Building for Sale Title is generated by Realmo AI

    815 N Grant, Odessa, TX 79761

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    Claim this Listing
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    For Sale
    $1,725,000

    SINGLE_FAMILY - Odessa, TX

    Type:Office
    Property size:
    7,100 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $242/SF
    Added:
    Jun 17, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 17 at 11:06 pm

    Property Features for 815 N Grant

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    06200.00060.00000
    Size
    7,100 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4170

    Utilities

    Water source
    Private

    Building Details

    Year built
    1957
    Building materials
    Stucco

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    Listing Contact
    Chris Beckett
    Chris Beckett

    Listing agent Chris Beckett License #0439538

    Listing office Pine & Beckett - Chris Beckett 4400 N big spring st. Suite E-100, MIDLAND, TX

    Listing date Jun 17, 2026

    MLS# 175539

    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.

    HighLights

    • Stucco construction
    • Built in 1957
    • Private water source

    Overview

    This for-sale office building totals 7,100 square feet, situated on a 0.163-acre lot. The property is presented as a commercial building offering a straightforward, dedicated facility footprint for office users.

    The building is located at 815 N Grant in Odessa, Texas (Ector County), with a listed address supporting direct identification for showings and due diligence. The compact site size may appeal to tenants or buyers looking for a manageable property footprint.

    From a user or ownership standpoint, the property’s size and dedicated office-building classification can support a range of business operations that need an established indoor workspace. Its single, defined building footprint can also simplify occupancy planning compared with larger, multi-building campuses. Interested parties should confirm all building details and suitability for their intended use during the underwriting and tour process.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $149.1k $21.00
    − Vacancy −$23.1k −$3.26
    EGI $126.0k $17.75
    − OpEx −$31.5k −$4.44
    NOI $94.5k $13.31
    7,100 SF · lease $21.00/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.35M
    $1.18M – $1.57M (±1% cap)
    NOI $94,492 @ 7.0% cap · market cap 5.48%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Flex RnD
    $10.32M
    $9.03M – $12.04M (±1% cap)
    NOI $722,526 @ 7.0% cap · market cap 41.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Our Little Texans ... Daycare Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3722415
    Latitude
    31.8514636

    FAQs

    What type of property is this?
    Office building - For-sale office building offering a compact lot and total building size of 7,100 square feet.
    Where is this office building located?
    The property is located at 815 N Grant Odessa, TX.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: Stucco construction; Built in 1957; Private water source
    More about this property
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