Property summary
This exceptional 10.5-acre parcel of land is situated on West FM 1787 in Odessa, Texas, within Midland County (zip code 79766). The property is zoned for County use and offers significant potential for commercial or industrial development. Previously part of a larger 18.5-acre tract, this remaining land is ready for its next chapter. The seller is willing to subdivide the property, with a suggested plat indicating the possibility of creating 10 lots ranging from 1 to 2.5 acres each. This presents a unique opportunity for multiple buyers or a single developer seeking a substantial footprint. The land itself is raw and unimproved, but boasts two existing water wells on-site. Conveniently located near established industrial buildings, this property benefits from the proximity of readily available electric and sewer utilities. Its strategic location on a major thoroughfare, in a region known for active Permian Basin drilling operations, makes it an attractive investment for businesses seeking a strong presence in this thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight