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Property profile & analytics
OFF-MARKET
Land

2707 Pacific Dr Odessa, TX 79764

0.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.59-acre commercial land parcel, located at 2707 Pacific Drive in Odessa, Texas, presents a unique investment opportunity. Zoned for retail use, this property boasts high visibility and accessibility, situated in a high-traffic area with excellent proximity to major thoroughfares. The lot size is 25,700 square feet, offering ample space for development. The asking price is $154,200, translating to $6.00 per square foot. Significant traffic counts are reported nearby, including approximately 27,814 ADT (City Count) at Iola Drive and University Boulevard, approximately 47,148 ADT (TXDOT Count) at West Loop 338 and University Boulevard, and approximately 49,892 ADT (City Count) at NCR West and University Boulevard. Access to the lot is conveniently located on Pacific Drive. The property's strategic location adjacent to a CVS Pharmacy further enhances its desirability and potential for strong returns. This high-visibility location on NW Loop 338 makes it ideal for a variety of retail businesses seeking a prominent presence in a thriving Odessa market. The property is situated in Ector County, Texas, zip code 79764.

Property profile
Verified
Property type Land
Lot 0.59 ac (25,700 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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