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    20 Frontage Rd Odessa, TX 79762

    For Sale
    Contact for pricing

    High-traffic I-20 frontage, multiple lots available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land opportunity presents three parcels totaling approximately 3.9 acres situated on Interstate 20 Frontage Road in Odessa, Texas, zip code 79762, within Ector County. The property boasts high visibility due to its prime I-20 location, experiencing an estimated 49,750 average annual daily traffic. Each lot offers significant potential for development, with Lot 1 and Lot 2 encompassing approximately 1 acre each, and Lot 3 spanning approximately 1.9 acres. The land is zoned for Light Industrial District use. This location offers significant advantages, including adjacency to The Rectangle Plaza and its high-traffic area. The asking price is $12.00 per square foot. Investors have the flexibility to purchase individual lots or combine them for a larger development project. This presents a rare chance to acquire premier commercial land in a thriving Texas market.

    Property Features for 20 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • I‑20 frontage road location.
    • High I‑20 visibility.
    • Adjacent to Rectangle Plaza.
    • High‑traffic area location.
    • Multiple adjacent lots available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.31878775798
    Latitude
    31.85354977255

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    FAQs

    What type of property is this?
    Land - High-traffic I-20 frontage, multiple lots available.
    Where is this land located?
    The property is located at 20 Frontage Rd Odessa, TX.
    What are key features of this property?
    This property features: I-20 frontage road location.; High I-20 visibility.; Adjacent to Rectangle Plaza.
    (432) 582-2250
    Request Owner's contact information
    20 Frontage Rd Odessa, TX 79762
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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 Rd Odessa, TX 79762
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