850 I H 20 Odessa, TX 79776
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.