20 Frontage On, Pleasant Farms, TX 79766
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.