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    Property profile & analytics

    17550 I-20 Service Rd Penwell, TX 79776

    • Land
    • 3,400 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 17550 I-20 Service Rd

    Lot size
    10.00 lot acres
    Property size
    3,400 SF
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 10-acre property in Odessa, Texas, offers unparalleled development potential. Located at 17550 W I-20 Service Rd, this parcel boasts convenient access to both east and westbound lanes of I-20, as well as FM 866. The property includes a 3,400 square foot building on a cleared lot with a caliche pad and partial fencing, ready for immediate use or development. Zoning allows for diverse uses with no known restrictions. The land is divisible, with options to purchase 3, 4, 6, 7, or the full 10 acres, catering to various project scales. Ideal for industrial, commercial, or multi-purpose ventures, this site presents a unique opportunity in a rapidly growing area. Its strategic location and existing infrastructure make it an attractive investment for businesses seeking expansion or new ventures in the Odessa region. The property's APN is R100111771. This is a single-story building situated on a 10-acre lot in Ector County, Texas, with the zip code 79776. The property is classified as industrial, flex, and commercial.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penwell
    County
    ECTOR
    State
    Texas
    Longitude
    -102.544
    Latitude
    31.7602

    Comparable in this City

    • Value Estimation by Request
      327.00 Acres

      850 I H 20

      Land • 327.00 Acres
      850 I H 20, Odessa, TX 79776
      View Details
    • Value Estimation by Request
      5,000 SF

      850 I-20

      Distribution properties • 5,000 SF
      850 I-20, Odessa, TX 79776
      View Details
    • Value Estimation by Request
      4,000 SF

      850 I-20

      Distribution properties • 4,000 SF
      850 I-20, Odessa, TX 79776
      View Details
    • Value Estimation by Request
      0.75 Acres

      Ih 20

      MINING, MINERAL, QUARRIES • 0.75 Acres
      Ih 20, Penwell, TX 79776
      View Details
    • Value Estimation
      $400,000
      16.00 Acres

      Ih 20

      COMMERCIAL (GENERAL) • 16.00 Acres
      Ih 20, Penwell, TX 79776
      View Details
    • Value Estimation by Request
      0.86 Acres

      Ih 20

      MINING, MINERAL, QUARRIES • 0.86 Acres
      Ih 20, Penwell, TX 79776
      View Details

    Similar Nearby for Sale

    • $779,000
      4,000 SF

      Penwell Warehouse with I-20 Frontage

      Warehouse with shop, office, and storage near I-20.
      850 W I-20, Penwell, TX 79776
      View Details
    • $779,000
      4,000 SF

      I-20 West Frontage Commercial Property

      Penwell, TX: Shop, Office, & Storage
      850 I-20, Penwell, TX 79776
      View Details
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    Penwell, TX 79776
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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