7500 Interstate 20 Pleasant Farms, TX 79766
- Land
- 26.34 lot acres
Current Use by Public Records
- Land
Property Details for 7500 Interstate 20
- Lot size
- 26.34 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 26.34-acre commercial and industrial land parcel presents a unique investment opportunity in the heart of the Permian Basin, Texas. Strategically located on Interstate 20, between Midland and Odessa, this site boasts 790 feet of direct I-20 frontage, offering unparalleled visibility and accessibility. With an annual daily traffic count of 43,463 vehicles (TxDOT AADT, 2022), this property ensures high exposure for any development. The site's convenient location between Highway 349 and Loop 338, and its proximity to Midland International Airport (just 5 miles away), further enhances its appeal. The property is served by city water and sewer, eliminating infrastructure hurdles. Flexible zoning allows for a variety of development options, making it ideal for businesses requiring heavy truck access. Surrounded by oilfield-related businesses and poised for future growth, this site represents a prime location for establishing a significant presence in the thriving Permian Basin. While adjacent land is available, no other site offers this combination of infrastructure and opportunity. The asking price is $1,317,000, translating to $60,744.12 per acre. This represents a compelling investment in a high-growth area with exceptional access and visibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pleasant Farms
- County
- Ector
- State
- Texas
- Longitude
- -102.279
- Latitude
- 31.8783
