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Multi-Family Zoned Land Opportunity
For Sale
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2300 W 16th St, Odessa, TX 79763

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

Property SizeContact for details
Days on Market277

Property Features for 2300 W 16th St

General Information

Standard status Active
Property subtype Land, Multifamily
Listing Agency: All City Real Estate Ltd. Co.
Listed By: Michelle Ortega · License #0685663
Source: Crexi
Added: Feb 3 Changed: Oct 25 Last Checked: Nov 4 at 12:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All City Real Estate Ltd. Co.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
(432) 257-7391 · Office Call to check price and availability
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