Commercial

Commercial Real Estate in
Midland & Odessa, TX

Business properties, investment opportunities, and owner-user buildings across the Permian Basin — listings, market data, and local guidance in one place.

Looking for a business property, an owner-user building, or an investment opportunity in the Permian Basin? This page is your practical starting point for commercial real estate in Midland and Odessa — including common property types, local considerations, market data, current listings, and a simple path to get started.

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On This Page

Who this is for Property types Local considerations Market snapshot Current listings Relocation & business moves FAQ

Who This Serves

Commercial Real Estate Clients We Help

Commercial real estate needs vary widely. This page is designed for business owners and investors who want clear local guidance — without unnecessary complexity.

Owner-Users

Businesses purchasing a building for operations — office, medical, retail, or industrial. We help you evaluate location fit, condition, and next steps so you move forward with clarity.

Investors

Buyers evaluating income property, tenant stability, lease structure, and long-term corridor demand. We help you compare options and understand tradeoffs based on your priorities.

Sellers

Owners exploring pricing, timing, and exposure to qualified buyers. We help you understand what drives value and position your property for the right audience.

Relocating Companies

Businesses moving to the area and comparing Midland vs Odessa for operations, staffing, and facility needs. Our CRP® specialist supports the full relocation picture.

Property Types

Commercial Properties We Help Evaluate

Use these categories to frame your search, then confirm details for any specific address. Availability, zoning, permitted use, and municipal requirements should always be verified.

Office & Professional

Suites, standalone offices, and professional buildings in key corridors for owner-users and professional services.

Retail & Storefront

Strip centers, pad sites, and storefront opportunities where visibility, traffic patterns, and access matter.

Industrial, Flex & Warehouse

Flex buildings, warehouses, yard space, and functional properties for operations, storage, and service businesses.

Commercial Land

Development sites where zoning, utility access, and permitted use should be verified by address. Municipal requirements vary — confirm before committing.

Local Context

What Matters in the Midland–Odessa Market

In the Midland–Odessa market, commercial demand often tracks regional business activity, workforce movement, and corridor growth patterns. The right approach depends on property type and intended use.

Use case first: owner-user goals differ from investor goals — we align the search accordingly
Visibility & access: traffic patterns and entry/egress can matter as much as square footage
Condition & capex: deferred maintenance, buildout costs, and HVAC/roof timelines are common decision points
Lease terms: for income property, rent structure and tenant quality drive value and risk

Market Data

Industrial Market Snapshot

Commercial conditions vary by property type, but industrial data is often one of the clearest signals for regional business activity. Treat these as directional indicators — verify details for any specific property.

Midland Vacancy

6.3%

Q2 2025

Midland Asking Rent

$16.96

Per SF — Q3 2025

Odessa Vacancy

7.3%

Q2 2025

Odessa Asking Rent

$13.01

Per SF — Q3 2025

Updated: Q2–Q3 2025. Source: ERES Companies West Texas Market Snapshots (data points sourced from CoStar). Texas is a non-disclosure state; figures may vary by source and can change over time.

Midland Rent Trend

Q2 2025: $17.29/SF → Q3 2025: $16.96/SF

Odessa Rent Trend

Q2 2025: $13.45/SF → Q3 2025: $13.01/SF

Browse

Commercial Listings: Midland & Odessa

Commercial inventory changes quickly. Use the live listings below to view commercial properties currently available across Midland and Odessa, then reach out if you want help narrowing options based on intended use, budget, zoning, access, and location priorities.

If you have a specific address in mind, send it to us and we can help confirm basic details and next steps.

Request a Call

Property has a big Air Compressor. It is out of the flood plain.

$200,000 Active

605 E 1st Odessa, Texas

4,500 SqFt 0.309 Acres

This 17-bedroom income property in West Odessa offers an exceptional cash-flow opportunity situated on a sprawling 2.5-acre lot. Located in a prime area with high demand for workforce housing, the asset provides immediate revenue with significant room for rental growth. The expansive acreage also offers untapped potential for further development, such as additional units or storage. It is a rare find for investors seeking a high-yield residential portfolio in a strategic Texas hub.

$550,000 Active

12715 W 3rd St Odessa, Texas

6,375 SqFt 2.54 Acres

Your next business starts HERE!, this commercial property has the LOCATION you need, main construction has an office space with kitchen, bath, bedroom, washer and dryer connections, also has an extra 320sqft building ideally for a drive-thru or small office and 2 garage shops totaling approximately another 1200 sqft. Take a look at this one before someone else!

$175,000 Active

516 S Grant Odessa, Texas

1,769 SqFt 0.27 Acres

Great commercial opportunity in Odessa! Property features a spacious storage building with plenty of potential for an owner-user, investor, or business. Convenient location with easy access to surrounding city streets and downtown Odessa.

$100,000 Active

920 N Lee Ave Odessa, Texas

1,680 SqFt 0.092 Acres

Great opportunity to lease a store front on West University. High traffic location, fenced in store front with safety gate. Loading dock on west side of building with garage door for easy access to shop. To see this property, call your REALTOR to see today.

$0 Active

11364 W University Blvd Odessa, Texas

2,100 SqFt 1.047 Acres

Professional Office Suite for Sale - Unit 1 1,372 Sq. Ft. Flexible layout ideal for medical Nearby access to Midland Memorial Hospital, dining, and retail.

$255,000 Active

2300 Michigan Ave 1 Midland, Texas

1,300 SqFt

Great investment opportunity! Live in one unit while renting the others or maximize the income potential across the property. The property is fully enclosed with a metal fence and features two septic tanks and one water well. Each mobile home has its own individual electrical post, providing separate utility setups. With multiple units and plenty of flexibility, this property offers excellent potential for investors looking to generate rental income. Don't miss this opportunity.

$230,000 Active

4615 Bryan Rd Odessa, Texas

0.76 Acres

Industrial property on 2.796 fully chain-link-fenced acres, approximately 1 mile south of I-20 and just off S. Dixie Blvd. Features a 60'x80' shop with four large overhead doors, eight offices, conference room, reception and waiting areas, kitchen, three restrooms and mechanical room. Separate 1,500-sq.-ft. living quarters offer three bedrooms, one bath, kitchen and spacious living area. Area road paving approved through a passed bond. Possible owner financing available.

$675,000 Active

2660 Saybrook Rd Odessa, Texas

8,900 SqFt 2.796 Acres

High Occupancy RV Park with laundry facilities, WIFI, Security fencing, lighting, and cameras, as well as on site manager apartment and office. Property conveys with multiple storage buildings, bobcat and ATV/Mule, as well as water system, website, and materials for operation. Full caliche pads with 65 RV sites. Each site has 15/30/50 AMP Full Hook Ups. Infrastructure surveys available for electrical, water system, and septic systems. Located just south of Midland with fast access to I-20, Walmart, Costco, as well as shopping and Downtown. No owner financing options available.

$2,850,000 Active

3807 S County Rd 1210 Midland, Texas

1,500 SqFt 3.94 Acres

FOR LEASE! Location, Location, Location! This property is right in the city limits close to 8th street and Grandview with easy access to Highway 80 and IH-20. Sitting on over 1/2 an acre, it offers a large warehouse with five bay doors, and the entire property is secured with a six-foot metal fence. The inside is a blank shell, ready for a new business to add its own touches. With plenty of space and flexibility, this property is perfect businesses looking to grow. Seller may consider selling.

$3,850 Active

635 Express Way Odessa, Texas

3,100 SqFt 0.528 Acres

$495,000 Active

7570 W 10th St Odessa, Texas

1 Acres

Modern 2023-built event venue on 2.08 acres in Midland County! Spacious and versatile for weddings, quinceaeras, birthdays, and celebrations of any kind. Features an open layout, stylish bay door for unique party vibes, and plenty of outdoor space. A hidden gem with endless possibilities!

$349,900 Active

8612 S County Rd 1260 Midland, Texas

2,000 SqFt 2.08 Acres

View All Commercial Listings →

Business Moves

Relocation & Business Moves

Many commercial conversations overlap with relocation — especially when hiring, housing, and commute realities affect business operations. If you are moving to the area for work or opening a new location, these resources can help you compare options:

Corporate Relocation (CRP®)

WERC® Certified Relocation Professional supporting corporate transfers, energy sector moves, and managed relocations across the Permian Basin.

CRP Specialist →

Midland vs Odessa

Compare housing, commute corridors, schools, and lifestyle between the two cities to make a confident business location decision.

Compare cities →

Quarterly Market Report

Current residential pricing, inventory dynamics, and seller strategy guidance for the broader Midland–Odessa market context.

View report →

Also see: Midland Living Hub | Odessa Living Hub

Exploring a Commercial
Purchase, Sale, or Move?

Start with a quick conversation. We'll help you clarify goals, identify realistic options, and choose a clean path forward. Share your intended use (owner-user or investor), preferred area, and timeline.

Contact SGR Group Browse Listings

Common Questions

Commercial Real Estate FAQ

Can I view commercial listings online?

Yes. You can start with the listings search and apply filters based on property type and your goals. If you share your intended use and timeframe, we can help narrow options and verify details for specific addresses.

Do you help business owners buy a building for their company?

Yes. Owner-user purchases are common. We help you evaluate location fit, basic property characteristics, and next steps so you can move forward with clarity. Depending on property type and complexity, we may coordinate with specialists, lenders, and advisors as needed.

What should I verify before making an offer on a commercial property?

Common items to verify include intended use, zoning or permitted use, access and parking, building condition, utilities, lease terms (if applicable), and any required municipal approvals. Specific requirements vary by property and use.

Do you work with investors?

Yes. Investor decisions often depend on tenant stability, lease structure, long-term corridor demand, and property condition. We can help you compare options and understand tradeoffs based on your priorities.

Note: Some specialized commercial transactions may involve coordination with attorneys, CPAs, lenders, or commercial specialists depending on property type and intended use. Industrial market data sourced from ERES Companies West Texas Market Snapshots (CoStar). Texas is a non-disclosure state; figures may vary by source.

Commercial Real Estate inMidland & Odessa, TX