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