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    6930 Tres Hermanas Blvd Odessa, TX 79765

    Sponsored
    For Sale
    $709,157

    1.48-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.48-acre commercial land parcel presents a prime investment opportunity in Odessa, Texas. Located at 6930 Tres Hermanas Blvd, this R-zoned property offers significant potential for retail development. The site boasts convenient access to major thoroughfares, with high daily traffic counts estimated at 20,000 vehicles on Billy Hext and Eastridge roads, and 40,000 on Highway 191. Its strategic location is adjacent to the southeast corner of Billy Hext Road and Tres Hermanas Blvd, surrounded by established businesses including Mighty Carwash, O'Reilly Auto Parts, Super Pollo Restaurant, Home2 Suites, and Candlewood Suites, ensuring high visibility and strong customer traffic. City water is available to the property, and city sewer is in the area. The asking price is $709,157, translating to a land value of $11 per square foot. This property is ideal for developers seeking a high-traffic location with established infrastructure and surrounded by successful retail establishments. Don't miss this chance to secure a prominent position in a thriving Odessa commercial corridor. The property is zoned R.

    Property Features for 6930 Tres Hermanas Blvd

    General Information

    Property type
    Land
    Lot Size
    64,469 SF

    HighLights

    • $709,157 asking price for 1.48 acres of commercial land.
    • Located in Odessa, TX, zoned R.
    • $11/SF land value.
    • Situated at 6930 Tres Hermanas Blvd, Odessa, TX 79765, near major retailers like Mighty Carwash and O'Reilly Auto Parts.
    • High traffic area with approximately 20,000 vehicles daily on nearby roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.300804
    Latitude
    31.903801

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    FAQs

    What type of property is this?
    Land - 1.48-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 6930 Tres Hermanas Blvd Odessa, TX.
    What is the asking price?
    The asking price for this property is $709,157.
    What are key features of this property?
    This property features: $709,157 asking price for 1.48 acres of commercial land.; Located in Odessa, TX, zoned R.; $11/SF land value.
    Request Owner's contact information
    6930 Tres Hermanas Blvd Odessa, TX 79765
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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
    6930 Tres Hermanas Blvd Odessa, TX 79765
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