0 56Th St Odessa, TX 79762
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.
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.