2500 Grandview Ave Odessa, TX 79766-9169
This exceptional 20.77-acre commercial property in Odessa, Texas, presents a unique investment opportunity. Located at 2500 S Grandview Ave, this expansive site boasts 13 individual buildings totaling 100,309 square feet, all currently vacant. Building sizes range from 1,121 to 16,492 square feet, offering flexibility for various retail uses. The property features two rail spurs, one active with a switch, providing significant logistical advantages. Infrastructure includes three-phase and single-phase power, and HVAC systems are present in most buildings. One building, a former bank constructed of brick, offers redevelopment potential. Other structures include a large shop and various other buildings. The property is chain-link fenced and situated on a corner lot, providing excellent road frontage. Note that one building contains asbestos and will require remediation or encapsulation according to regulations. The property is also available for lease at $40,000 per month, NNN. Built in 1970, this property is identified by APN 42430.00190.04000 in Ector County. The property's combination numbers are Middle Gate 0827 and Buildings 0828. No known restrictions exist.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ES2 · Odessa, TXOdessa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.