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    20 Frontage On Pleasant Farms, TX 79766

    For Sale
    Contact for pricing

    Texas I-20 commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land offering presents a significant investment opportunity in Ector County, Texas. Located in Odessa, TX, 79766, the property boasts substantial frontage along Interstate Highway 20, as well as frontage on FM 1053 and Texaco Road. The lot size ranges from 10 to 57 acres, providing ample space for a variety of large-scale commercial developments. The property is described as raw land, and while three-phase power is available nearby, buyers are advised to independently verify power availability at the site and confirm all details, including tax assessments. This prime location offers unparalleled visibility and accessibility, making it ideal for businesses seeking high-traffic exposure. Additional acreage may be available in Odessa, Penwell, and Notrees, Texas, upon request. Lease options may also be considered. Interested parties are strongly encouraged to conduct their own due diligence regarding all aspects of the property. The asking price for this significant land parcel is $425,000,000.

    Property Features for 20 Frontage On

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Exceptional investment opportunity: 10‑57 acres of commercial land in Odessa, TX.
    • High‑visibility location with I‑20, FM 1053, and Texaco Road frontage.
    • Raw land suitable for large‑scale commercial development.
    • Three‑phase power potentially available nearby (buyer verification required).
    • Asking price: $425,000,000. Additional acreage and lease options may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pleasant Farms
    County
    Ector
    State
    Texas
    Longitude
    -102.3922135
    Latitude
    31.703691

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    FAQs

    What type of property is this?
    Land - Texas I-20 commercial land, high visibility.
    Where is this land located?
    The property is located at 20 Frontage On Pleasant Farms, TX.
    What is the asking price?
    The asking price for this property is $425,000,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 10-57 acres of commercial land in Odessa, TX.; High-visibility location with I-20, FM 1053, and Texaco Road frontage.; Raw land suitable for large-scale commercial development.
    (432) 703-2545
    Request Owner's contact information
    20 Frontage On Pleasant Farms, 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
    20 Frontage On Pleasant Farms, TX 79766
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