Property profile

1931 Redline Ave Odessa, TX 79766

OFF-MARKET
Land
6.36 ac lot
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Property summary

AI-generated overview

This 6.36-acre commercial and industrial land parcel in Odessa, Texas, is ideally situated off I-20 Access Road in Ector County, zip code 79766. Priced at $527,100, this property boasts OCL zoning and is ready for immediate development. Essential infrastructure, including access roads and utilities, is already in place, eliminating lengthy permitting and preparation delays. The ample lot size allows for flexible building designs and sizes, catering to a variety of commercial and industrial projects. This location offers significant potential for high returns due to strong local economic conditions and growing demand. The property's address is 1931 S Redline Ave, Odessa, TX. This exceptional opportunity is perfect for businesses seeking a strategic location with immediate construction capabilities. The site is ready to accommodate a range of development plans, from retail spaces to industrial facilities, making it an attractive investment in a thriving Texas market. Its convenient access to I-20 ensures excellent visibility and accessibility.

Property profile

Verified
Property type Land
Lot 6.36 ac (277,042 SF)

Cap rate & NOI

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

Location

1931 Redline Ave Odessa, TX 79766
Odessa metro
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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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