Odessa, TX Commercial Real Estate for Lease and Sale

Explore 85 listings of Odessa commercial real estate to find the best space for your business.

Live Oak Shopping Center

1305-1523 E 8th Street Odessa TX, Odessa, TX
Property

Retail

151,743 SF
Availability

1 Space

2,265 SF
For Lease

$18.00/SF/YR
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3016 Kermit Hwy

3016 Kermit Hwy, Odessa, TX
Property

Office

30,710 SF
Availability

1 Space

13,655 SF
For Lease Contact for pricing
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North Wind Crossing - Freestanding Site 1

7105 N Faudree Road, Odessa, TX
Property

VacantLand

4,500 SF
For Sale

Subject To Offer
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North Wind Crossing ANCHOR BIG BOX

7052 N Faudree Road, Odessa, TX
Property

VacantLand

60,500 SF
For Sale

$1,177,000
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Office Retail Industrial

Office Retail Industrial Land
8,000 SF Warehouse Near Hwy 385 & I-20

2730 Saybrook Rd, Pleasant Farms, Odessa, TX
Property

Industrial

8,000 SF
Year Built

2018
For Sale

$840,000
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2 Drive-Through Bay Shop on FM 1787

17411 W FM 1787, Pleasant Farms, Odessa, TX
Property

Industrial

7,300 SF
Year Built

2017
For Sale

$895,000
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901 W 3rd St

901 W 3rd St, Odessa, TX
Property

Industrial

5,000 SF
Year Built

2014
For Sale

$595,000
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Multiple Crane Served Shop w/ frontage on Loop 338

3010 NW Loop 338, Odessa, TX
Property

Industrial

14,500 SF
Year Built

1981
For Sale

$996,875
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2-Bay Auto Mechanic Station in Downtown Odessa - Leased

512 E 3rd St, Odessa, TX
Property

Industrial

1,800 SF
Availability

1 Space

1,800 SF
Year Built

1958
For Lease

$2,500.00/MO
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400-507 Stoddard St

400 Stoddard St, Odessa, TX
Property

Industrial

33,340 SF
Availability

1 Space

33,340 SF
Year Built

1984
For Lease

$12.00/SF/YR
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Evans Blvd

Evans Blvd, Odessa, TX
Property

VacantLand
For Sale Contact for pricing
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8860 & 8866 NW Loop 338

8860 & 8866 NW Loop 338, Odessa, TX
Property

Industrial

95,000 SF
For Sale

$5,250,000
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3.39 Acres w/ 10-Ton Crane on W I-20

6368 W Interstate 20, West Odessa, Odessa, TX
Property

Industrial

7,500 SF
Availability

1 Space

7,500 SF
Year Built

2018
For Lease

$12,500.00/MO
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Office/Medical Building - Customize to your Business!

214 W 5th St, Odessa, TX
Property

Office

5,200 SF
Year Built

1963
For Sale

$920,000
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12612 W County Road 133

12612 W County Road 133, Odessa, TX
Property

Industrial

11,750 SF
Availability

1 Space

11,750 SF
For Lease

$18.00/SF/YR
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191 Professional Center

6010 East State Highway 191, Odessa, TX
Property

Office

45,750 SF
Availability

5 Spaces

5,490 SF
Year Built

1982
For Lease

$80.00 - $6,155.00/MO
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4950 Andrews Hwy

4950 Andrews Hwy, Odessa, TX
Property

Industrial

8,120 SF
Year Built

1981
For Sale

$690,200
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400-507 Stoddard St

400 Stoddard St, Odessa, TX
Property

Industrial

33,340 SF
Year Built

1984
For Sale

Subject To Offer
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1500 Windcrest Rd

1500 Windcrest Rd, Odessa, TX
Property

Industrial

7,150 SF
Year Built

2015
For Sale

$1,350,000
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Fully-Insulated & Secured 1,800 SF Shop

210 E Vicksburg Street, Pleasant Farms, Odessa, TX
Property

Industrial

1,800 SF
Availability

1 Space

1,800 SF
Year Built

2002
For Lease

$3,000.00/MO
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Crane Served Manufacturing Facility

2238 Steven Rd, Odessa, TX
Property

Industrial

67,400 SF
Year Built

1964
For Sale

$2,493,800
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Crane Served Industrial Facility Near I-20

2606 E Pearl St, Odessa, TX
Property

Industrial

4,800 SF
Year Built

1981
For Sale

$595,200
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Convenient, Capable Commercial Office/Shop

1810 N Lee Ave, Odessa, TX
Property

Industrial

4,000 SF
Availability

1 Space

4,000 SF
Year Built

1986
For Lease

$3,500.00/MO
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Former Beacon Building Supply

11601 W CR 125, Odessa, TX
Property

Industrial

22,500 SF
Availability

1 Space

22,500 SF
Year Built

1978
For Lease

$15.25/SF/YR
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2604 E 8th St

2604 E 8th St, Odessa, TX
Property

Retail

1,875 SF
Year Built

2001
For Sale

$720,000
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Starbucks

1923 87th St, Odessa, TX
Property

Retail

2,134 SF
Year Built

2024
For Sale

$2,550,000
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Two Warehouse & Living Quarters in Growing Industrial Area

2540 Cole St, Pleasant Farms, Odessa, TX
Property

Industrial

8,852 SF
Availability

1 Space

8,852 SF
Year Built

2013
For Lease

$8,250.00/MO
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3310 NW Loop 338

3310 NW Loop 338, West Odessa, Odessa, TX
Property

Industrial

13,200 SF
Availability

1 Space

13,200 SF
Year Built

1977
For Lease

$9.00/SF/YR
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4710 Andrews Hwy

4710 Andrews Hwy, Odessa, TX
Property

Industrial

6,325 SF
Year Built

1962
For Sale

$625,000
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Odessa West Industrial Park

TBD W 42nd Street, West Odessa, Odessa, TX
Property

VacantLand

9,000 SF
Availability

2 Spaces

348,480 SF
Year Built

2022
For Lease

$4,000.00 - $6,250.00/MO
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Office/Warehouse with 3-Phase Power & City Utilities

130 E 52nd St, Odessa, TX
Property

Industrial

5,440 SF
Year Built

1978
For Sale

$516,000
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825 John Ben Shepperd Pkwy

825 John Ben Shepperd Pkwy, Odessa, TX
Property

Office

12,600 SF
Availability Contact for availability
Year Built

1982
For Lease Contact for pricing
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Proposed Build to Suit! 1 Acre in OIDC/Grow Odessa Ind Park

2956 Navasota Dr, Pleasant Farms, Odessa, TX
Property

Industrial

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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Warehouse/Office Building on ±10.91 Acres

3101 Air Products Boulevard, Pleasant Farms, Odessa, TX
Property

Industrial

16,840 SF
Availability

1 Space

16,840 SF
Year Built

2015
For Lease

$29,975.00/MO
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Crane Served, Multiple Bay Shop

1603 S Viceroy Ave, Pleasant Farms, Odessa, TX
Property

Industrial

9,126 SF
Year Built

1981
For Sale

$995,000
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2400 Steven Rd

2400 Steven Rd, Odessa, TX
Property

Industrial

48,162 SF
Year Built

1980
For Sale

$750,000
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8,000 SF Warehouse Near Hwy 385 & I-20

2730 Saybrook Rd, Pleasant Farms, Odessa, TX
Property

Industrial

8,000 SF
Availability

1 Space

8,000 SF
Year Built

2018
For Lease

$8,400.00/MO
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4519 Brazos Ave

4519 Brazos Ave, Odessa, TX
Property

Industrial

41,360 SF
Availability

1 Space

41,360 SF
Year Built

1972
For Lease

$5.10/SF/YR
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Office/Warehouse with 3-Phase Power & City Utilities

130 E 52nd St, Odessa, TX
Property

Industrial

5,440 SF
Availability

1 Space

5,440 SF
Year Built

1978
For Lease

$5,450.00/MO
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4519 Brazos Ave

4519 Brazos Ave, Odessa, TX
Property

Industrial

41,360 SF
Year Built

1972
For Sale

$97,196,000,000
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Town and Country Shopping Center

2711-2755 N Grandview Ave E University Blvd Odessa TX, Odessa, TX
Property

Retail

148,025 SF
Availability

2 Spaces

16,914 SF
For Lease

$14.00/SF/YR
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Sales Counter, Multiple Warehouses, Wash-Bay & More!

14210 W Highway 80 E, Odessa, TX
Property

Industrial

36,650 SF
Year Built

1976
For Sale

$1,989,500
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7311 & 7401 Andrews Highway

7311 & 7401 Andrews Highway, Odessa, TX
Property

Industrial

14,676 SF
Year Built

1980
For Sale

$1,700,000
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7.82 Acres with Frontage on U.S. Hwy 385!

TBD S U.S. Hwy 385, Pleasant Farms, Odessa, TX
Property

VacantLand
For Sale

$695,000
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2419 S Market St

2419 S Market St, Odessa, TX
Property

Industrial

13,007 SF
Year Built

1985
For Sale

$1,600,000
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North Wind Crossing - N Faudree Retail Pad(s)

7020 N Faudree Rd, Odessa, TX
Property

VacantLand

5,000 SF
For Sale

$235,000
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Crane Served Shop w/ Wash-Bay on I-20

2424 E Interstate 20, Odessa, TX
Property

Industrial

18,500 SF
Year Built

2001
For Sale Contact Broker
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Brownstone Road & Medical Park Drive

Brownstone Road & Medical Park Drive, Odessa, TX
Property

VacantLand
For Sale

$4,976,294.4
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Crane Served, Multiple Bay Shop

1603 S Viceroy Ave, Pleasant Farms, Odessa, TX
Property

Industrial

9,126 SF
Availability

1 Space

9,126 SF
Year Built

1981
For Lease

$12,168.00/MO
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7 Brew

1364 E 8th St, Odessa, TX
Property

Retail

510 SF
Year Built

2024
For Sale

$1,500,000
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Interstate 20 Frontage Developable Land

7500 Interstate 20, West Odessa, Odessa, TX
Property

VacantLand
For Sale

$1,317,000
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Crane served IH-20 Frontage Facility in Odessa, TX

2559 W. IH-20, Pleasant Farms, Odessa, TX
Property

Industrial

15,275 SF
Year Built

1978
For Sale

$700,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Odessa commercial real estate market incorporates 101,912 square feet of office space across 7 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Odessa commercial real estate market includes 346,129 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Odessa market, there is a total of 798,504 square feet of industrial property.

The listing inventory in Odessa incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Odessa is represented by Industrial space, which accounts for 313,540 square feet of available listings. Retail space available in Odessa adds up to 39,429 square feet.

Meanwhile, most of the listings of commercial property for sale in Odessa are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Odessa is $15.03 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Odessa can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Odessa, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Odessa is in the Pleasant Farms neighborhood.

Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Pleasant Farms.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in Odessa was Industrial space.

The average size of a commercial property in Odessa depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Odessa, the average size of an office property is 16,986 square feet.
Retail properties here incorporate an average of 31,467 square feet.
Industrial space in Odessa is in buildings that are, on average 16,296 square feet in size.

Odessa, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Odessa currently add up to 834,199 square feet. The market offers 6 active office listing(s), which amount to 21,350 square feet and account for 15% of commercial spaces on the market. Local retail availability includes 39,429 square feet across 6 retail space(s). Industrial space for rent opportunities in Odessa amount to 294,260 square feet across a total of 24 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	21,350
Retail	6	39,429
Industrial	24	294,260
Other	2	479,160

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Odessa, TX. Currently, there is 642,903 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 5 retail investment opportunity listing(s) , and 29 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	5,200
Retail	5	26,111
Industrial	29	541,591
Other	12	70,001

Odessa, TX Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Odessa, TX?

What factors affect the price of commercial real estate in Odessa, TX?

What is the average rent for commercial space in Odessa, TX?

What are the best areas for commercial real estate in Odessa, TX?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Odessa, TX?

Odessa, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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