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    OFF-MARKET
    Land

    0 Neq Fm 1788 & I-20, Odessa, TX 79765

    21.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21.15-acre commercial land parcel presents a unique investment opportunity in the thriving Midland, Texas market. Strategically located at the intersection of NEQ FM 1788 and I-20, this property benefits from exceptional visibility and accessibility. The ETJ zoning allows for a wide range of commercial development possibilities, catering to businesses seeking high-traffic exposure. The site boasts significant daily traffic counts, with FM 1788 recording 18,590 vehicles per day in 2019 and I-20 registering 42,888 vehicles per day in the same year. Utilities are readily available to the site, simplifying the development process and reducing upfront costs. Situated in Midland County, Texas, with a zip code of 79765, this property offers unparalleled potential for investors seeking a prime location for commercial development in a rapidly growing region. The coordinates are 31.9136491 latitude and -102.2161786 longitude. This expansive acreage provides ample space for a variety of commercial ventures, making it an ideal investment for both short-term and long-term growth. The property is ready for immediate development, offering a significant advantage in today's competitive market. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Texas location.

    Property profile
    Verified
    Property type Land
    Lot 21.15 ac (921,294 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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