Corner Storefront
New
For Sale
$1,000,000
820 N Grant, Odessa, TX 79761
SINGLE_FAMILY - Odessa, TX
Property Size7,000 SF
Lot Size0.17 Acres
Price / SF$142.86
Days on Market2
Property Features for 820 N Grant
General Information
Property type
Residential
Property subtype
Retail
Subdivision
S Williams
Lot features
Corner Lot
Standard status
Active
APN
28100.00570.00000
Size
7,000 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
6000
Building Details
Year built
1956
Floors in Building
1
Building materials
Stucco
Listing Agency:
Beyond Realty, LLC
(432) 272-0297
Listed By:
Cynthia Duarte · License #0766418
(432) 653-7339
Added: Aug 3
Last Checked: Aug 4 at 10:06AM
MLS# 176628
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 7,000-square-foot storefront property occupies a 0.174-acre corner parcel in downtown Odessa. Built in 1956 with stucco construction, the building is currently configured for a retail clothing boutique and offers a flexible interior layout that can support retail, professional office, salon, insurance, legal, or other service-oriented uses identified for the property.
Located at 820 N Grant, the property benefits from frontage and steady daily traffic in a downtown setting. Its corner position provides exposure to passing customers and supports a range of commercial occupancy concepts. The existing configuration can be adapted for businesses seeking a storefront presence or office-oriented layout.
Located at 820 N Grant, the property benefits from frontage and steady daily traffic in a downtown setting. Its corner position provides exposure to passing customers and supports a range of commercial occupancy concepts. The existing configuration can be adapted for businesses seeking a storefront presence or office-oriented layout.
Key Highlights
- 7,000 square feet of building area on a 0.174‑acre parcel
- Corner storefront location in downtown Odessa
- Current retail clothing boutique configuration
Financial Insights For Retail
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 | $121.8k | $17.40 |
| − Vacancy | −$10.4k | −$1.48 |
| EGI | $111.4k | $15.92 |
| − OpEx | −$33.4k | −$4.78 |
| NOI | $78.0k | $11.14 |
7,000 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,161 @ 7.0% cap · market cap 9.32%
Second Best
Retail
$1.11M
$975.2K – $1.30M
NOI $78,013 @ 7.0% cap · market cap 7.80%
Theoretical Best
Flex RnD
$10.18M
$8.90M – $11.87M
NOI $712,350 @ 7.0% cap · market cap 71.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,900
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- West Odessa Florist — 800 W 4th St, Odessa, TX 79763
- Mark Knox Flowers — 1209 E 8th St, Odessa, TX 79761
- Jazmine's Flowers & Gifts — 1116 N Grant Ave, Odessa, TX 79761
Frequently Asked Questions
What type of property is this?
Storefront property - Downtown corner location with a flexible layout for retail or office use.
Where is this storefront property located?
The property is located at 820 N Grant Odessa, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 7,000 square feet of building area on a 0.174‑acre parcel; Corner storefront location in downtown Odessa; Current retail clothing boutique configuration
