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Property profile & analytics
OFF-MARKET
Land

0 Tbd Fm 866 Odessa, TX 79762

21.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.67-acre commercial land parcel presents a remarkable investment opportunity in Odessa, Texas. Strategically located on FM 866, offering direct frontage and convenient access to I-20 West, this property benefits from the significant recent growth in the area. The land is currently raw, but the seller may offer land clearing at a negotiated price. The soil type is caliche. Detailed aerial photos and plats are available for review. The property features a desirable corner lot location with concrete road frontage. This offering provides flexibility with various purchase options: the entire 21+ acres for $735,000, or the land can be divided into 10-acre lots ($450,000 each), 5-acre lots ($225,000 each), or even 2-acre lots ($110,000 each). There are no known restrictions on the property. The property's APN is 31270-00201-0000E. This is a rare opportunity to acquire prime commercial real estate in a rapidly developing area. Don't miss out on this exceptional investment potential. The property is located in Ector County, Texas, with a zip code of 79762.

Property profile
Verified
Property type Land
Lot 21.67 ac (943,945 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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