Property profile

302 Hwy 302 Hwy Notrees, TX 79759

OFF-MARKET
Land
100 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 100 ac (4,356,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

302 Hwy 302 Hwy Notrees, TX 79759
Notrees metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 302 Hwy 302 Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message