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    Property profile & analytics

    850 I H 20 Odessa, TX 79776

    • Land
    • 327.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 850 I H 20

    Lot size
    327.00 lot acres
    Property type
    Land

    Description

    This exceptional 327-acre commercial land parcel presents a significant investment opportunity in Ector County, Texas. Strategically located on Highway I-20, with additional frontage on Texaco Road and FM 1053, this expansive tract offers unparalleled access and visibility. The asking price is $21,255,000, translating to a land value of $65,000 per acre. The property is currently unsubdivided raw land, providing flexibility for various development scenarios. Three-phase power is readily available nearby, with substations located in close proximity to certain areas. Prospective buyers are encouraged to independently verify all details, including taxes, and are advised to contact the provided number for GPS coordinates and scheduling showings. Please note that the acreage may be subject to adjustment, and additional land may be available in the Odessa/Penwell and Notrees, TX areas. Lease options may also be considered. This prime location offers immense potential for a wide range of commercial ventures.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.591
    Latitude
    31.7371

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      17550 I-20 Service Rd

      Flex space • 3,400 SF
      17550 I-20 Service Rd, Penwell, 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
    • Value Estimation by Request
      4,000 SF

      850 I-20

      Commercial real estate • 4,000 SF
      850 I-20, Penwell, TX 79776
      View Details
    • Value Estimation by Request
      2.28 Acres

      Ih 20

      COMMERCIAL (GENERAL) • 2.28 Acres
      Ih 20, Penwell, TX 79776
      View Details

    Similar Nearby for Sale

    • $779,000
      4,000 SF

      I-20 West Frontage Commercial Property

      Penwell, TX: Shop, Office, & Storage
      850 I-20, Penwell, TX 79776
      View Details
    • $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
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    850 I H 20
    Odessa, 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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