Odessa, FL
Commercial Real Estate Market Trends & Data

$686 Avg asking sale price
$25 Avg asking lease rate
25,024 SF Avg unit lease size
10,510 SF Avg building size for sale
5.72% Average cap rate

Odessa's Demographic Profile

Odessa has 3,857 households and a median income of $102,259, providing context for rent absorption and tenant demand across retail and multifamily assets. A +22% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 10,125
# Households 3,857
Median age 40
Median household income $102,259
Avg household size 3.0
Renter-occupied housing units 1,151
5-year population change +22%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Odessa, FL

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Odessa $608 7,413 SF 5.90%
Trinity $412 10,641 SF 5.90%
Westchase $267 4,414 SF 5.50%
Carrollwood $423 12,887 SF 7.98%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Odessa $229 14,297 SF 5.64%
Trinity $229 14,297 SF 5.64%
Westchase $197 14,807 SF 5.77%
Nearby Retail Markets Avg Cost/SF Typical Size
Odessa $752 7,693 SF
Trinity $412 10,641 SF
Westchase $440 13,037 SF
Lutz $634 7,124 SF
Carrollwood $840 6,178 SF

Commercial Properties For Sale in Odessa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

9-Acre Dev. Site | SR-54 Starkey Corridor

Odessa, FL 33556

  • 9.03 AC Lot
  • 1 Commercial Lot
  • Auction Sale
For Sale

13260 Pine Gap Spur

Odessa, FL 33556

  • 7,413 SF Retail Building
  • 5.90% Cap Rate
  • $6,083,000
For Sale

.79 ac Retail Site SR 54 Odessa

Odessa, FL 33556

  • 0.79 AC Lot
  • 1 Commercial Lot
  • $1,695,000
For Sale

Odessa Vacant Lake front

Odessa, FL 33556

  • 1 - 5 AC Lots
  • 2 Residential Income Lots
  • $1,600,000 - $3,600,000
For Sale

Corp Learning Care Group | 10-Yr | 28k+ VPD

Land O' Lakes, FL 34638

  • 12,752 SF Specialty
  • 6.00% Cap Rate
  • $4,070,000
For Sale

13042 Tarpon Springs Rd

Odessa, FL 33556

  • 5,675 SF Specialty
  • $950,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Exit Cap Rates in Commercial Real Estate
Exit Cap Rates in Commercial Real Estate
Understanding Exit Cap Rates and Terminal Cap Rates for Better Investment Returns
Types of Retail Properties
Types of Retail Properties
Understanding Retail Property Categories and Their Investment Potential
Debt Service Coverage Ratio (DSCR) Calculator
Debt Service Coverage Ratio (DSCR) Calculator
Assess Your Investment's Health in Seconds
Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
Understand how QIP's 15-year recovery period and bonus depreciation eligibility can accelerate cost recovery on commercial property improvements.
Sales Comparison Approach
Sales Comparison Approach
Learn how to use market data to make confident property investment decisions
Modular Drive-Thrus: Costs and Configurations
Modular Drive-Thrus: Costs and Configurations
Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
Lease Language for Landlords and Tenants

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Odessa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Odessa $686 10,510 SF
Trinity $472 11,324 SF
Westchase $326 12,470 SF
Lutz $626 5,895 SF
Carrollwood $717 10,387 SF

Regional Demographic Comparison

This comparison places Odessa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Odessa or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Odessa 10,125 3,857 40 $102,259 3 1,151 22%
Trinity 16,227 6,182 46 $101,818 3 1,024 16%
Westchase 25,883 10,325 41 $105,979 3 4,290 7%
Lutz 26,334 9,540 43 $107,805 3 1,800 9%
Carrollwood 34,903 14,756 44 $74,333 2 4,583 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Odessa, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Odessa

View All Commercial Real Estate For Sale in Odessa
Is Odessa a good market for a first-time commercial real estate investor?

Odessa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Odessa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Odessa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Odessa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Odessa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Odessa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Odessa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Odessa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Odessa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends