Odessa, TX Commercial Real Estate for Lease and Sale

Explore 82 listings of Odessa commercial real estate to find the best space for your business.

7 Brew

1364 E 8th St, Odessa, TX
Property

Retail

510 SF
Year Built

2024
For Sale

$1,500,000
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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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Medical Office Suite for Lease

500 E 4th St, Odessa, TX
Property

Office

2,764 SF
Availability

1 Space

2,764 SF
Year Built

2000
For Lease

$22.00/SF/YR
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15-ton Crane Served Facility on 20+ Acres

9244 W Interstate 20, West Odessa, Odessa, TX
Property

Industrial

12,500 SF
Year Built

1981
For Sale Contact Broker
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Office Retail Industrial

Office Retail Industrial Land
824 S Grandview Ave

824 S Grandview Ave, Odessa, TX
Property

Industrial

5,175 SF
Year Built

1965
For Sale

$1,750,000
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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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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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Interstate 20 Frontage Developable Land

7500 Interstate 20, West Odessa, Odessa, TX
Property

VacantLand
For Sale

$1,317,000
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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
Year Built

2018
For Sale

$840,000
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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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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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4519 Brazos Ave

4519 Brazos Ave, Odessa, TX
Property

Industrial

41,360 SF
Year Built

1972
For Sale

$103,193,200,000
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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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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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Evans Blvd

Evans Blvd, Odessa, TX
Property

VacantLand
For Sale Contact for pricing
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1918 E 8th St

1918 E 8th St, Odessa, TX
Property

Retail

1,932 SF
Availability

1 Space

1,932 SF
Year Built

1978
For Lease Contact for pricing
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For Sale or Lease | Owner/User Opportunity I Manufacturing Facility in Odessa, Texas

3700 FM 1936, West Odessa, Odessa, TX
Property

Industrial
Availability

1 Space

32,951 SF
For Lease

$14.00/SF/YR
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Medical Park Drive

0 Medical Park Drive, Odessa, TX
Property

VacantLand

1.2 Acre
For Sale

$525,000
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For Sale or Lease | Industrial Warehouse/Manufacturing Facility

8100 Sprague Rd, Odessa, TX
Property

Industrial
Availability

1 Space

14,700 SF
For Lease Contact for pricing
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13611 Highway 191

13611 Highway 191, Odessa, TX
Property

VacantLand
For Sale

$1,250,000
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2450 W Interstate 20

2450 W Interstate 20, Pleasant Farms, Odessa, TX
Property

Industrial

3,250 SF
Year Built

1982
For Sale Contact for pricing
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For Sale or Lease | Industrial Warehouse/Manufacturing Facility

8100 Sprague Rd, Odessa, TX
Property

Industrial

14,700 SF
For Sale

$896,700
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For Sale or Lease | Owner/User Opportunity I Manufacturing Facility in Odessa, Texas

3700 FM 1936, West Odessa, Odessa, TX
Property

Industrial

32,951 SF
For Sale

$2,650,000
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154 AC SW corner of TX 191 and FM 1788

SW Corner HWY 191 and FM 1788, Odessa, Midland, TX
Property

VacantLand
For Sale

Subject To Offer
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11116 W Interstate 20 E

11116 W Interstate 20 E, Odessa, TX
Property

Industrial

9,600 SF
For Sale Contact for pricing
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1911 Kermit Hwy

1911 Kermit Hwy, Odessa, TX
Property

Industrial

16,000 SF
Availability

1 Space

16,000 SF
Year Built

1972
For Lease Contact for pricing
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10900 W Hwy 80 E

10900 W Hwy 80 E, Odessa, Midland, TX
Property

Industrial

9,608 SF
Year Built

2015
For Sale Contact for pricing
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1911 Kermit Hwy

1911 Kermit Hwy, Odessa, TX
Property

Industrial

16,000 SF
Year Built

1972
For Sale Contact for pricing
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13424 W. Country Road 133

13424 W. Country Road 133, Odessa, TX
Property

Industrial

2,800 SF
For Sale

$400,000
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2450 W Interstate 20

2450 W Interstate 20, Pleasant Farms, Odessa, TX
Property

Industrial

10,720 SF
Availability

2 Spaces

3,250 SF
Year Built

1982
For Lease Contact for pricing
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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 858,328 square feet. The market offers 6 active office listing(s), which amount to 21,350 square feet and account for 16% 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 318,389 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	21,350
Retail	6	39,429
Industrial	23	318,389
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 608,522 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 5 retail investment opportunity listing(s) , and 27 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	5,200
Retail	5	26,986
Industrial	27	506,335
Other	13	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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