Listing Agency: All City Real Estate Ltd. Co.

Listed By: Michelle Ortega · License #0685663 Show Phone

Source: Crexi

Added: Feb 3 Changed: Sep 6 Last Checked: Sep 14 at 8:31AM

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Investment Insights

Based on property information with market context.

This property presents an opportunity for investors and developers. It is zoned for multi-family use and includes existing improvements, specifically a workshop that has been converted into employee housing with 6 bedrooms and 2 bathrooms. The property is suitable for multi-unit development or repositioning. Prospective buyers are advised to conduct their own due diligence.

Key Highlights

• Multi‑Family Zoned Property
• Opportunity for Multi‑Unit Development
• Existing Improvements On‑Site

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Plumbing Service Big Box & Wholesale 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

352

Businesses Nearby

Explore this area Business Placement

Demographics for 79763, TX

39,767

Population

15,063

Households

2.6

Avg Household Size

33

Median Age

9%

College-Educated

70%

High-School Grad

50.4 sq mi

ZIP Area

789

Density / Sq Mi

$57,618

Median Household Income

$45,267

Median Earnings

$1,097

Median Rent

$127,300

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Land with existing improvements, ideal for multi-unit development.

Where is this land located?

The property is located at 2300 W 16th St Odessa, TX.

What is the asking price?

The asking price for this property is $320,000.

What are key features of this property?

This property features: Multi‑Family Zoned Property; Opportunity for Multi‑Unit Development; Existing Improvements On‑Site