Fm 1787 Odessa, TX 79766
- Land
- 10.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fm 1787
- Lot size
- 10.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Midland
- State
- Texas
- Longitude
- -102.273
- Latitude
- 31.6956
