20 Frontage Rd Odessa, TX 79762
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.