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    Odessa, TX 79761

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    For Sale
    Contact for pricing

    Prime I-20 Odessa land, 6 acres. High traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Odessa, Texas. Strategically located directly off East Interstate 20, this undeveloped property boasts unparalleled visibility and accessibility. Its proximity to the intersection of SE Loop 338 and Interstate 20 (approximately half a mile west) ensures high traffic volume and significant exposure to a large potential customer base. The property's location within the dynamic Permian Basin provides easy access to the region's robust economy and diverse industries. This prime acreage is ready for development, with city water and sewer services readily available nearby, and power lines conveniently running along Interstate 20. The property's APN is 42020.00014.01000. This is an exceptional opportunity to capitalize on the growth and potential of Odessa, Texas, and establish a strong presence in a high-traffic, easily accessible location. The address is E Interstate 20, Odessa, TX 79761, in Ector County.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 6‑acre commercial land parcel in Odessa, TX.
    • Located directly off Interstate 20, approximately 0.5 miles west of the SE Loop 338 and I‑20 intersection.
    • City water and sewer are nearby, with power lines along I‑20.
    • High‑traffic location with easy access to the Permian Basin.
    • APN: 42020.00014.01000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.30466
    Latitude
    31.86374

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    FAQs

    What type of property is this?
    Land - Prime I-20 Odessa land, 6 acres. High traffic.
    Where is this land located?
    The property is located at Odessa, TX.
    What are key features of this property?
    This property features: 6-acre commercial land parcel in Odessa, TX.; Located directly off Interstate 20, approximately 0.5 miles west of the SE Loop 338 and I-20 intersection.; City water and sewer are nearby, with power lines along I-20.
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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
    Odessa, TX 79761
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