Property profile

0 56Th St Odessa, TX 79762

OFF-MARKET
Land
4.06 ac lot
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Property summary

AI-generated overview

This exceptional 4.06-acre commercial land parcel presents a unique investment opportunity in Odessa, Texas. Located just east of Odessa Cross Fit on E 56th Street, this property boasts a highly desirable location with excellent visibility and accessibility. The asking price is $2,122,243, translating to $12 per square foot. The property's zoning and permitted uses should be independently verified. Given its size and strategic placement, this land is ideally suited for a variety of commercial developments, offering significant potential for future growth and return on investment. The address is 56th Street, Odessa, TX 79762, within Ector County. Detailed site surveys and environmental assessments are recommended prior to any development plans. Prospective buyers are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. This is a rare opportunity to acquire a substantial tract of land in a thriving Texas city. The property's location offers easy access to major transportation routes and a strong local economy. The expansive acreage provides ample space for a wide range of commercial ventures. Serious inquiries are welcome.

Property profile

Verified
Property type Land
Lot 4.06 ac (176,854 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56Th St Odessa, TX 79762
Odessa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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