Commercial Real Estate Market in Odessa, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
58 active listings and 337 off-market properties in Odessa, FL.
Market Trends
Odessa, FL spans 60.3 square miles in Hillsborough County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Odessa, FL asks $382/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Odessa, FL asks $435/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Odessa, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Odessa, FL asks $276/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Odessa, FL has 30,547 residents in 12,333 households. Density runs 507 people per square mile. Median household income here is $151,034 and median gross rent $1,744 a month.
30,547
Population
12,333
Households
2.5
Avg Household Size
42
Median Age
55%
College-Educated
97%
High-School Grad
60.3 sq mi
ZIP Area
507
Density / Sq Mi
$151,034
Median Household Income
$71,711
Median Earnings
$1,744
Median Rent
$589,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lutz | — | $21.04 |
| Trinity | — | — |
| Tarpon Springs | $364 (county avg) | $76.00 |
Commercial property in Odessa, FL asks $1,466/SF. That compares with $364/SF in Tarpon Springs.
Frequently Asked Questions
What is the average price per square foot for commercial property in Odessa?
Commercial property in Odessa, FL asks an average of $1,466 per square foot. The 4 most recent recorded sales traded at a median of $371/SF, so asking sits 295% above the achieved median. Retail carries the highest asking price at $435/SF.
How does Odessa compare to nearby markets on price?
Odessa, FL asks $1,466/SF against $364/SF in Tarpon Springs. Tarpon Springs is the cheapest entry point at 75% below Odessa pricing, with $76.00/SF/Yr asking rents.
Where does Realmo's Odessa market data come from?
Realmo compiles Odessa, FL figures from 7 recent recorded sales, 48 active sale listings, 10 active lease listings, 337 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 10 active for-lease listings in Odessa, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
