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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.

Days on Market178

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: Jul 6 Last Checked: Jul 30 at 7:52AM

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.

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

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Building Supply Plumbing Service

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

42
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

Market

Properties on Market for Land in Odessa

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

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 Call to check price and availability
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