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    Tbd65ac I-20 Odessa, TX 79766

    For Sale
    $2,600,000

    65.2 Acres, $2.6M, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 65.2-acre commercial land parcel presents a significant investment opportunity in Odessa, Texas. Strategically located with frontage on both FM 1053 and IH-20 West, this property offers unparalleled accessibility and high visibility. Zoned EC2, the land is ready for a variety of commercial developments. The asking price is $2,600,000. This listing represents one of two equally sized, similarly priced parcels totaling up to 385 acres. The potential for expansion exists, with the possibility of acquiring more or less acreage in the immediate vicinity, including additional land near IH-20 West in Odessa and Penwell, Texas, and further opportunities in Notrees, Texas. Detailed information regarding additional acreage availability can be obtained upon request. The property is situated in Ector County, Texas, with a zip code of 79766. The precise address is TBD65ac W I-20, Odessa, TX. Buyers are advised to independently verify all information, including taxes, and conduct their own due diligence.

    Property Features for Tbd65ac I-20

    General Information

    Property type
    Land
    Lot Size
    2,840,112 SF

    HighLights

    • 65.2‑acre commercial land parcel in Odessa, TX.
    • High visibility location with frontage on FM 1053 and IH‑20 West.
    • EC2 zoning allows for diverse commercial development.
    • Asking price: $2,600,000.
    • Part of a larger 385‑acre tract with potential for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.4425286
    Latitude
    31.8058551

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    FAQs

    What type of property is this?
    Land - 65.2 Acres, $2.6M, Prime Location
    Where is this land located?
    The property is located at Tbd65ac I-20 Odessa, TX.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 65.2-acre commercial land parcel in Odessa, TX.; High visibility location with frontage on FM 1053 and IH-20 West.; EC2 zoning allows for diverse commercial development.
    (432) 703-2545
    Request Owner's contact information
    Tbd65ac I-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
    Tbd65ac I-20 Odessa, TX 79766
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