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Property profile

1500 N Grant Ave Odessa, TX 79761

FOR LEASE
Grocery and convenience stores
Property ID
US82-2304454
2,793 SF 0.44 ac lot Built 1982
Last sale Apr 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 3,000-square-foot flex building with a layout that includes an open main area, a reception or front-desk area, multiple private offices, and on-site restrooms. The interior configuration is suitable for retail, office, or service-oriented occupancy. The building is constructed of stucco with a flat roof and was originally constructed in 1945. It sits on a 0.272-acre corner lot at 1500 N Grant in Odessa, with access to Downtown Odessa.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$174k
Assessed land$25k
Assessed improvement$149k
Effective rate2.11%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 835.85% cap applied$33k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
835.85%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
EB7
JurisdictionECTOR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.2
Dental Office13.0
Law Firm10.6

Location

1500 N Grant Ave Odessa, TX 79761
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1330 8th St, Odessa, TX 79761-4702 $1,500,000 Dec 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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