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Prime Land in Odessa, TX
For Sale
$2,523,000

3100 Mercedes Ave, Odessa, TX 79764

LAND - Odessa, TX

Lot Size100.92 Acres
Days on Market96

Property Features for 3100 Mercedes Ave

General Information

Property type Land
Property subtype Other
Subdivision ES1
Standard status Active
APN 42240.00581.00000
Lot size 100.92 Acres

Taxes and HOA fees

Tax Annual Amount 0
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Added: Apr 27 Changed: Jun 3 Last Checked: Jul 31 at 12:06AM
MLS# 174191

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property, formerly the Old Foster Gas Plant, is available for a new purpose. The site includes surface and 100% owned mineral rights (believed by seller). The property spans over 100 acres and is located just off West Loop 338, W University Ave or FM 2020, & Kermit Hwy 302, with 2200' feet of paved frontage on Mercedes under 3 miles from I-20. Potential uses include storage, a large yard, overflow, truck parking, a motorsport track, driving range, or mini golf. Note that no residential use is permitted.

Key Highlights

  • 100+ Acres of Land with 100% Owned Minerals (believed by seller)
  • Excellent Location: Just off West Loop 338, W University Ave, FM 2020, & Kermit Hwy 302, under 3 miles from I‑20
  • 2200' Feet of Paved Frontage on Mercedes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Auto Parts Store Hair Salon Spa & Massage Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 79764, TX

26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value

Market

Properties on Market for Land in Odessa

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 100+ acres with frontage, ready for new industrial use.
Where is this land located?
The property is located at 3100 Mercedes Ave Odessa, TX.
What is the asking price?
The asking price for this property is $2,523,000.
What are key features of this property?
This property features: 100+ Acres of Land with 100% Owned Minerals (believed by seller); Excellent Location: Just off West Loop 338, W University Ave, FM 2020, & Kermit Hwy 302, under 3 miles from I‑20; 2200' Feet of Paved Frontage on Mercedes
More about this property
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