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    Tbd Interstate 20 Odessa, TX 79766

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    For Lease
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    5.54-Acre RV Park Near I-20

    Lot size:
    241,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.54-acre property in West Odessa, Texas, presents a lucrative investment opportunity. Currently operating as a 50-space RV park, its strategic location just off Interstate 20 ensures high visibility and easy access for travelers and residents alike. The park's proximity to major roadways provides excellent accessibility to Odessa, Midland, and the surrounding Permian Basin region, a rapidly growing area with high demand for temporary and long-term housing. The property is zoned outside city limits and offers significant potential for expansion. Up to an additional 13.08 acres of adjacent land are available for purchase, allowing for future growth and the addition of amenities to further enhance the park's appeal and profitability. This turnkey operation is ideally suited for investors seeking a strong return in a thriving market. The single-tenancy setup simplifies management, while the existing infrastructure provides immediate revenue generation. This is a rare chance to acquire a well-established business with substantial room for expansion in a high-growth area of West Texas. The property's location near Interstate 20 ensures convenient access for a wide range of users, from tourists and contractors to long-term residents. This presents a compelling investment opportunity with significant upside potential.

    Property Features for 0 Tbd Interstate 20

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    241,322 SF

    Unit(s) available at that property

    Space
    Size
    241,322 SF

    HighLights

    • 50‑space RV park.
    • 5.54‑acre site.
    • Adjacent land available (up to 13.08 acres total).
    • Excellent Interstate 20 access and visibility.
    • Strategic West Texas location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.54573841731
    Latitude
    31.759040688473

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    FAQs

    What type of property is this?
    Flex space - 5.54-Acre RV Park Near I-20
    Where is this flex space located?
    The property is located at Tbd Interstate 20 Odessa, TX.
    What are key features of this property?
    This property features: 50-space RV park.; 5.54-acre site.; Adjacent land available (up to 13.08 acres total).
    Request Owner's contact information
    Tbd Interstate 20 Odessa, TX 79766
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    Tbd Interstate 20
    Odessa, TX 79766
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd Interstate 20 Odessa, TX 79766
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