Property profile

20 Frontage Rd Odessa, TX 79762

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents three parcels totaling approximately 3.9 acres situated on Interstate 20 Frontage Road in Odessa, Texas, zip code 79762, within Ector County. The property boasts high visibility due to its prime I-20 location, experiencing an estimated 49,750 average annual daily traffic. Each lot offers significant potential for development, with Lot 1 and Lot 2 encompassing approximately 1 acre each, and Lot 3 spanning approximately 1.9 acres. The land is zoned for Light Industrial District use. This location offers significant advantages, including adjacency to The Rectangle Plaza and its high-traffic area. The asking price is $12.00 per square foot. Investors have the flexibility to purchase individual lots or combine them for a larger development project. This presents a rare chance to acquire premier commercial land in a thriving Texas market.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

20 Frontage Rd Odessa, TX 79762
Odessa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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