Property summary
This exceptional 100-acre commercial land parcel is strategically located on Highway 302 W, between Odessa and Kermit, Texas, in Ector County, zip code 79759. Priced at $35,000 per acre, totaling $3,500,000, this property presents a unique investment opportunity. The land is currently undergoing the platting process with the county, with the potential for subdivision into individual 1-acre lots. Its prime location makes it ideal for a variety of commercial ventures. Permitted uses include mobile homes, residential construction, home businesses, and shops. The property also allows for horses, catering to a diverse range of potential buyers. Existing infrastructure includes electricity readily available along the road frontage. This expansive tract offers significant potential for development, capitalizing on its proximity to major Texas cities and the thriving oil field services industry. The property's versatility and strategic location make it an attractive investment for both large-scale and smaller-scale projects. Contact us today to learn more about this remarkable opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
3 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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