0 Fm 866 Odessa, TX 79762
This exceptional 21.76-acre commercial land parcel presents a significant investment opportunity in Odessa, Texas. Located on FM 866 in Ector County, this property offers unparalleled potential for various commercial developments. The land is priced at $35,000 per acre for the entire 21.76-acre tract. However, alternative pricing structures are available for smaller acquisitions. Purchases of 5 to 10 acres are priced at $45,000 per acre, while parcels between 11 and 15 acres are offered at $40,000 per acre. This flexible pricing allows for a range of development scenarios, catering to both large-scale and smaller projects. The property's strategic location on FM 866 provides excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. With its substantial size and prime location in a thriving Texas city, this land offers a rare chance to secure a valuable asset in a dynamic commercial market. The zip code is 79762, and the precise coordinates are latitude 31.9626279 and longitude -102.3807553. Serious inquiries are encouraged to explore this exceptional commercial land opportunity further.
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.