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    14001 Murphy St Odessa, TX 79763

    For Sale
    $6,961,500

    107 Acres, I-20 Frontage, Rail Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 107.1-acre commercial land parcel presents a unique investment opportunity in the thriving Permian Basin of West Texas. Strategically located on West Murphy Street in Odessa, Texas, the property boasts an impressive 5,200 feet of frontage along Interstate 20, ensuring unparalleled visibility and accessibility. Its prime location offers significant advantages for businesses seeking high-traffic exposure and convenient transportation links. The property's substantial size allows for a wide range of development possibilities, from build-to-suit projects to speculative developments catering to the area's robust industrial growth. Further enhancing its appeal is the availability of Union Pacific Rail access, providing crucial logistical support for various industrial and commercial enterprises. The asking price is $6,961,500, translating to a land value of $65,000 per acre. This exceptional tract is surrounded by existing industrial development, solidifying its position as a premier location for future growth and expansion within the Permian Basin's dynamic economic landscape. The property is situated in Ector County, Texas, with a zip code of 79763. Its coordinates are 31.76734 latitude and -102.5150031 longitude. This is a rare opportunity to acquire a large, strategically located commercial land parcel with excellent access and visibility in one of the nation's most active energy regions.

    Property Features for 14001 Murphy St

    General Information

    Property type
    Land
    Lot Size
    4,665,276 SF

    HighLights

    • 107.1‑acre commercial land parcel in Odessa, TX, with 5,200 ft of I‑20 frontage.
    • Union Pacific Rail access.
    • Surrounded by existing industrial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Martin Transport Inc Transportation Service B&L Pipeco Services Warehouse Summit Industrial Park Energy Equipment And Solutions

    Suggested Use

    Building Supply Wholesale Shop Auto Parts Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.5150031
    Latitude
    31.76734

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    FAQs

    What type of property is this?
    Land - 107 Acres, I-20 Frontage, Rail Access
    Where is this land located?
    The property is located at 14001 Murphy St Odessa, TX.
    What is the asking price?
    The asking price for this property is $6,961,500.
    What are key features of this property?
    This property features: 107.1-acre commercial land parcel in Odessa, TX, with 5,200 ft of I-20 frontage.; Union Pacific Rail access.; Surrounded by existing industrial development.
    (432) 682-2510
    Request Owner's contact information
    14001 Murphy St Odessa, TX 79763
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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
    14001 Murphy St Odessa, TX 79763
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