TBD2920 Fm 866 Odessa, TX 79763
This exceptional 6-acre commercial land parcel, located at TBD 2920 S FM 866 in Odessa, Texas (zip code 79763), presents a unique investment opportunity. The property, encompassing Lots 5, 6, and 7 within the 866 Industrial subdivision in Ector County, is zoned EC2 and offers significant potential for various commercial ventures. The asking price for the entire 6-acre tract is $699,000. Key features include existing power fencing and two gates, enhancing security and accessibility. A metered water system is readily available for connection. Alternatively, individual lot purchases are possible: Lot 7 (approximately 2 acres) is available for $299,000, also with power fencing and two gates. Lots 5 and 6 are each offered at $250,000. The property's APN is 09250.00007.00000. This prime location in Odessa, Texas, offers excellent visibility and convenient access to major transportation routes, making it an ideal site for a variety of commercial developments. The latitude and longitude coordinates are 31.7587486 and -102.5388994, respectively. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.