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Property profile & analytics
OFF-MARKET
Land

0 Odessa/Penwell Odessa, TX 79763

50 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 50-acre commercial land parcel presents a unique investment opportunity in the thriving Odessa-Penwell area of Texas. Strategically located at the high-traffic intersection of I-20 West and FM 1053, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The asking price is $1,500,000, representing a land value of $30,000 per acre. Situated in Ector County, with a 79763 zip code, this expansive tract offers significant potential for developers seeking a prime location for retail, industrial, or mixed-use projects. The property's location within a rapidly growing region ensures strong future appreciation and a robust return on investment. Its size and prime location provide ample space for large-scale developments, catering to the increasing demand for commercial space in the Odessa-Penwell area. Detailed surveys and environmental reports are available upon request. Don't miss this chance to acquire a significant piece of prime commercial real estate in a dynamic Texas market. This property is ready for immediate development, offering a rare opportunity to capitalize on the area's continued growth and economic prosperity. Contact us today to learn more about this exceptional investment opportunity.

Property profile
Verified
Property type Land
Lot 50 ac (2,178,000 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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