Odessa, TX Commercial Real Estate for Lease and Sale

Explore 58 listings of Odessa commercial real estate for lease and for sale to find the best space for your business.

4,268 SF Commercial Building - Medical Offices - Lesased

2487 E 11th St, Odessa, TX
Property

Office

4,268 SF
Availability

1 Space

4,268 SF
Year Built

1983
For Lease

$6,750.00/MO
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1408 W. Interstate 20

1408 W. Interstate 20, Odessa, TX
Property

Industrial

52,102 SF
Availability

1 Space

52,102 SF
For Lease Contact for pricing
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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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Mesquite Oasis RV & Corporate Housing Park

7601 W 42nd St, West Odessa, Odessa, TX
Property

Other
Year Built

2012
For Sale

$20,500,000
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Flex Retail Space w/ Showroom on Corner Lot

4405 N County Rd W, Odessa, TX
Property

Industrial

13,825 SF
Availability

1 Space

13,825 SF
Year Built

1972
For Lease

$7,500.00/MO
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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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7,500 SF New Construction in Odessa, TX

2205 W Whitney Ln, Pleasant Farms, Odessa, TX
Property

Industrial

7,500 SF
Availability

1 Space

7,500 SF
Year Built

2023
For Lease

$5,950.00/MO
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10-Crane Served Shop w/ Office & 2nd Warehouse

7680 W 42nd St, West Odessa, Odessa, TX
Property

Industrial

24,800 SF
Availability

1 Space

24,800 SF
Year Built

2018
For Lease

$20,000.00/MO
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Multiple Bay Shop w/ 5-ton Crane & Wash Pad - Leased

4115 South County Road 1297, Odessa, TX
Property

Industrial

4,831 SF
Availability

1 Space

4,831 SF
Year Built

2012
For Lease

$6,250.00/MO
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16,200 SF Proposed Building in Grow Odessa Industrial Park

600 S Pagewood Ave, Odessa, TX
Property

Industrial

16,200 SF
Availability

1 Space

16,200 SF
Year Built

2023
For Lease

$32,400.00/MO
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Flex Retail Space w/ Showroom on Corner Lot

4405 N County Rd W, Odessa, TX
Property

Industrial

13,825 SF
Year Built

1972
For Sale

$789,500
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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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Industrial/Retail Space on FM 1788

4010 FM 1788, Odessa, Midland, TX
Property

Industrial

19,500 SF
Availability

1 Space

19,500 SF
Year Built

2002
For Lease

$23,562.50/MO
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6 Retail Land Lots For Sale - Odessa, TX

521 W Murphy Street, Odessa, TX
Property

VacantLand
For Sale

$895,000
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30,000 SF Warehouse For Sale

2818 W 42nd Street, Odessa, TX
Property

Industrial

30,000 SF
Year Built

1980
For Sale

$2,500,000
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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
Availability

1 Space

7,300 SF
Year Built

2017
For Lease

$9,000.00/MO
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Commercial Build-to-Suit Opportunity on Faudree Rd

TBD Faudree Rd, Odessa, TX
Property

Retail

20,000 SF
Availability

1 Space

20,000 SF
For Lease Contact for pricing
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Commercial Build-to-Suit Opportunity on Faudree Rd

TBD Faudree Rd, Odessa, TX
Property

Retail

20,000 SF
For Sale

Subject To Offer
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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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5 Building Industrial Complex - Sold!

1128 S Grandview Ave, Odessa, TX
Property

Industrial

39,493 SF
Year Built

1961
For Sale

$995,000
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Evans Blvd

Evans Blvd, Odessa, TX
Property

VacantLand
For Sale Contact for pricing
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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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Former Beacon Building Supply

11601 CR 125, Odessa, TX
Property

Industrial

22,500 SF
Availability

1 Space

22,000 SF
Year Built

1978
For Lease

$15.25/SF/YR
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1941 E 37th St

1941 E 37th St, Odessa, TX
Property

Office

5,066 SF
Year Built

1985
For Sale

$1,000,000
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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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Office Building & 2 Warehouses on Interstate 20 - Leased!

2225 E Interstate 20, Odessa, TX
Property

Industrial

8,600 SF
Availability

1 Space

8,600 SF
Year Built

2011
For Lease

$10,000.00/MO
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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 133,574 square feet of office space across 5 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 332,764 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 548,650 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 290,464 square feet of available listings. Retail space available in Odessa adds up to 86,927 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 $14.84 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 $18.98 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 26,715 square feet.
Retail properties here incorporate an average of 47,538 square feet.
Industrial space in Odessa is in buildings that are, on average 18,919 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 904,422 square feet. The market offers 3 active office listing(s), which amount to 4,311 square feet and account for 10% of commercial spaces on the market. Local retail availability includes 86,927 square feet across 5 retail space(s). Industrial space for rent opportunities in Odessa amount to 290,464 square feet across a total of 17 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	4,311
Retail	5	86,927
Industrial	17	290,464
Other	3	522,720

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 621,770 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 4 retail investment opportunity listing(s) , and 17 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	70,956
Retail	4	37,357
Industrial	17	506,254
Other	13	7,203

Odessa, TX Commercial Real Estate for Lease and Sale

4,268 SF Commercial Building - Medical Offices - Lesased

1408 W. Interstate 20

Crane Served Shop w/ Wash-Bay on I-20

Mesquite Oasis RV & Corporate Housing Park

Flex Retail Space w/ Showroom on Corner Lot

15-ton Crane Served Facility on 20+ Acres

7,500 SF New Construction in Odessa, TX

10-Crane Served Shop w/ Office & 2nd Warehouse

Multiple Bay Shop w/ 5-ton Crane & Wash Pad - Leased

16,200 SF Proposed Building in Grow Odessa Industrial Park

Flex Retail Space w/ Showroom on Corner Lot

Sales Counter, Multiple Warehouses, Wash-Bay & More!

Industrial/Retail Space on FM 1788

6 Retail Land Lots For Sale - Odessa, TX

30,000 SF Warehouse For Sale

2 Drive-Through Bay Shop on FM 1787

Commercial Build-to-Suit Opportunity on Faudree Rd

Commercial Build-to-Suit Opportunity on Faudree Rd

7.82 Acres with Frontage on U.S. Hwy 385!

5 Building Industrial Complex - Sold!

Evans Blvd

2419 S Market St

Former Beacon Building Supply

1941 E 37th St

825 John Ben Shepperd Pkwy

Office Building & 2 Warehouses on Interstate 20 - Leased!

Frequently Asked Questions

Odessa, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Industrial Searches

About us