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Property profile & analytics
OFF-MARKET
Land

20 Frontage Rd Odessa, TX 79762

1 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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