Odessa/Penwell Odessa, TX 79763
- Land
- 50.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Odessa/Penwell
- Lot size
- 50.00 lot acres
- Property type
- Land
Description
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.
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
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.482
- Latitude
- 31.7857
