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Odessa, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Odessa, Florida Market population: 104K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Odessa TX Properties: 1.8100%

πŸ“Š Average Income For Odessa TX Commercial Property: $52,158

Investor Questions For Odessa TX

Common questions from investors exploring commercial real estate in Odessa TX.

What are the key demographics and economic indicators that make Odessa, TX an attractive market for real estate investment? +
With a population of 104,223 and a median age of 30.9, Odessa has a diverse economy driven by top industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and Construction, which contributes to its median household income of $52,158 and a relatively low poverty rate of 12.9%
How does the poverty rate and health insurance coverage impact the quality of tenants in Odessa, TX? +
The 12.9% poverty rate combined with 80.2% health insurance coverage suggests a relatively stable tenant market with access to employment opportunities and healthcare, which is further supported by the top industries and a strong employment population of 49,795
What role does ethnic diversity and commute time play in assessing market demand and stability in Odessa, TX? +
The city's ethnic diversity, with top ethnicities including White, Hispanic, and White Non-Hispanic, contributes to a vibrant market, while the average commute time of 18.1 minutes and top commute methods such as driving alone, carpooling, and working from home indicate a convenient and flexible transportation system, supporting market stability
How do the median property value, property taxes, and homeownership rate influence the real estate investment landscape in Odessa, TX? +
With a median property value of $103,200 and median property taxes of $23,086, Odessa offers relatively affordable investment opportunities, and the 60.5% homeownership rate suggests a strong demand for housing, driven by the city's diverse economy and relatively low poverty rate of 12.9%
What insights can be gained from the income inequality and top industries in Odessa, TX for real estate investment purposes? +
The GINI coefficient of 0.445 indicates a moderate level of income inequality, while the top industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and Construction drive employment and economic growth, suggesting a stable market with opportunities for real estate investment, particularly in areas with strong demand for housing and commercial properties

Odessa TX Real Estate & City Facts

Key facts and real estate information about Odessa TX.

What are some of the best neighborhoods to live in Odessa? +
Some of the best neighborhoods to live in Odessa include Ratliff Ranch, Windsor Heights, Mission Estates, Emerald Forest, and Westside. These neighborhoods offer a range of amenities and lifestyles, from modern suburban comfort to established elegance and luxury
What are some fun things to do in Odessa? +
There are plenty of fun things to do in Odessa, including visiting the Chris Kyle 'American Sniper' Memorial, exploring the Stonehenge Replica, and checking out the Ellen Noel Art Museum. You can also take a walk at the Stonehenge Replica, visit the Odessa Meteor Crater, or enjoy a day at Sherwood Park. Additionally, the city has a vibrant nightlife scene with live music and shopping options
What is the food scene like in Odessa? +
The food scene in Odessa is diverse and exciting, with a range of restaurants serving everything from barbecue to fine dining. Some popular spots include Cork and Pig Tavern, Brantley Creek Bbq & Co., and Barn Door & Pecos Depot. There are also plenty of great food trucks and independent restaurants shaping the dining scene. You can find everything from traditional Tex-Mex to unique fusion cuisine
What are the pros and cons of living in Odessa? +
The pros of living in Odessa include its affordable cost of living, rich cultural scene, and outdoor recreational opportunities. However, some cons include the city's remote location and limited job opportunities in certain industries. Additionally, the city's growth and development can be a double-edged sword, bringing new amenities and services but also increasing traffic and congestion. Overall, Odessa is a great place to live for those who value a relaxed, small-town atmosphere and are willing to trade off some urban amenities
Is Odessa a good place to live? +
Odessa can be a great place to live for the right person. The city offers a unique blend of small-town charm and urban amenities, with a rich cultural scene and plenty of outdoor recreational opportunities. While it may not be the best fit for everyone, particularly those who value a fast-paced urban lifestyle, Odessa is definitely worth considering for those who prioritize affordability, community, and a relaxed atmosphere
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