Current Use by Public Records
- Mixed-use properties
Property Details for 0 Allison Crane Dr
- Year built
- 2019
- Lot size
- 235.00 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 235-acre mixed-use property in Reeves County, Texas, presents a compelling investment opportunity. Strategically located just north of Pecos, near Highway 285, it boasts prime access to major transportation routes and is ideally situated for oilfield or commercial businesses serving Reeves, Ward, and Loving Counties. The property includes a 14,000 sq ft commercial metal building (Allison Crane & Rigging) featuring a 6-acre stabilized yard, multiple bays, offices, and ample storage, currently leased through December 2027. Also included is the High Hook Man Camp, comprising ten 1500 sq ft buildings, each with six rooms, plus a common building and manager's house, also leased through December 2027. Significant development potential exists with 175 acres of undeveloped land divided into 29 platted lots, ranging from 0.58 to 13.033 acres, most around 5 acres. City water and fiber optics are available. The property offers substantial income streams from existing leases and future development opportunities, including lot sales or leases and tap-on fees for city water. The property is 2.5 miles from Pecos and 5 miles from the airport. Orla is 36 miles away and Odessa is 74 miles away. This offering includes only the surface estate
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Verhalen
- County
- Reeves
- State
- Texas
- Longitude
- -103.51
- Latitude
- 31.4582
