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238 Commercial Real Estate Listings in Odessa, TX

Odessa, TX Commercial Real Estate

There are currently 241 commercial listings available in Odessa, TX. These listings include 28 commercial spaces that encompass a total of 934,641 square feet. Available commercial spaces in Odessa, TX range in size from 43 square feet to 745,520 square feet. A total of 186 off-market commercial properties located in Odessa, TX are also available for research.

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Odessa, TX Commercial Inventory Breakdown

In 2022 the Odessa, TX commercial real estate market totaled 870,158 square feet of office spaces, 4,064,769 square feet of office spaces with retail, and 6,276,286 square feet of industrial space.

Office Spaces

Total: 870,158 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 622,422 SqFt 71.53% of total office
100k to 500k SqFt 247,736 SqFt 28.47% of total office
By class:
Class B 815,809 SqFt 93.75% of total office
Class C 54,349 SqFt 6.25% of total office

Industrial

Total: 6,276,286 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 2,957,534 SqFt 47.12% of total industrial
100k to 500k SqFt 2,411,752 SqFt 38.43% of total industrial
500k to 1M SqFt 907,000 SqFt 14.45% of total industrial
By class:
Class A 1,178,981 SqFt 18.78% of total industrial
Class B 4,108,301 SqFt 65.46% of total industrial
Class C 989,004 SqFt 15.76% of total industrial
There are 2,411,752 square feet of commercial real estate properties between 100k to 500k square feet, representing 38.43% of the Odessa, TX industrial inventory. Class A assets total 1,178,981 square feet of industrial space, with an additional 4,108,301 square feet of Class B and 989,004 square feet of Class C properties.

Office Spaces with Retail

Total: 4,064,769 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,040,858 SqFt 25.61% of total office with retail
100k to 500k SqFt 2,371,530 SqFt 58.34% of total office with retail
500k to 1M SqFt 652,381 SqFt 16.05% of total office with retail

Odessa, TX Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Odessa, TX Office 5 8,490
Odessa, TX Retail 2 11,082
Odessa, TX Industrial 29 162,749
Odessa, TX Other 55 934,641
Ofice Icon

5

Office

Industrial Icon

29

Industrial

Retail Icon

2

Retail

Current local active listing encompass 1,116,962 square feet of commercial space for lease in Odessa. There are 5 active office listings, which amount to 8,490 square feet and account for 5% of commercial spaces on the market. Local retail availability includes 11,082 square feet across 2 listings. Current industrial offerings on the market amount to 162,749 square feet across a total of 29.

Employment in Odessa, TX

Employed Population 59,591

Employed population - Industry % Distribution

Management, business, science, and arts occupations

28%

Sales and office occupations

21%

Production, transportation, and material moving occupations

20%

Natural resources, construction, and maintenance occupations

18%

Service occupations

14%

In 2020, roughly 28% of a total of 59,591 employed in Odessa worked in Management, business, science, and arts occupations, followed by 21% in Sales and office occupations and 20% in Production, transportation, and material moving occupations.

Income per capita $29,420  Median household income $66,316

Household income

39%

Under $50k

30%

$50k - $100k

26%

$100k - $200k

6%

Over $200k

The median household income in Odessa stands at $66,316, with per capita income at $29,420. Households earning between $50k and $100k represent 30% of the total, while those earning over $200k make up 6%. Approximately 39% of Odessa households earn less than $50k per year.

Commuting in Odessa, TX

Mean travel time to work 21 minutes

Means of transportation to work

82.50%

Driving alone

11.40%

Carpool

0.50%

Public transit

0.00%

Bicycle

2.30%

Walking

0.80%

Other

2.50%

Work at Home

*Universe: Workers 16 and over

Education in Odessa, TX

High school grad or higher 80%

Bachelor's degree or higher 17%

Population by minimum level of education

20%

No degree

30%

High school

33%

Some College

11%

Bachelor's

6%

Post-grad

*Universe: Workers 25 and over

An estimated 80% of Odessa residents aged 25 or over hold a high school degree or higher. Of those, 30% are high school graduates, 33% attended some college, 11% earned a bachelor's degree, with an additional 6% holding post-graduate degrees.

Odessa, TX Demographics

As of 2020, Odessa had a total population of 123,163, with a median age of 30.90 years. Roughly 65.90% of the total population was between the ages of 16 and 64 years old.