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    OFF-MARKET
    Land

    20 Frontage On, Pleasant Farms, TX 79766

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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