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    Property profile & analytics

    2960 Fm 866 Odessa, TX 79763

    • Land
    • 2.00 lot acres
    For Sale
    View listing
    $250,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2960 Fm 866

    Lot size
    2.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2-acre lot, identified as Lot 5, presents a compelling investment opportunity in Odessa, Texas. Located at 2960 S FM 866, Ector County, this property is zoned EC2 and offers significant potential for various commercial or industrial uses. The asking price is $250,000. A key advantage is the availability of a metered water system, allowing for convenient connection. This parcel is part of a larger offering

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.539
    Latitude
    31.7587

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      2920 Fm 866

      Land • 2.00 Acres
      2920 Fm 866, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      32.82 Acres

      6801 Murphy St

      Land • 32.82 Acres
      6801 Murphy St, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      2.00 Acres

      2940 Fm 866

      Land • 2.00 Acres
      2940 Fm 866, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      13.00 Acres

      I-20 Fm 866

      Automotive properties • 13.00 Acres
      I-20 Fm 866, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      5.00 Acres

      16740 Basin St

      Distribution properties • 18,300 SF
      16740 Basin St, Odessa, TX 79763
      View Details
    • Value Estimation by Request
      8.93 Acres

      Westcliff Rd

      Land • 8.93 Acres
      0 Westcliff Rd, Odessa, TX 79763
      View Details

    Similar Nearby for Sale

    • $250,000
      2.00 Acres

      Odessa Commercial Land - 2 Acres

      Prime 2-acre commercial/industrial lot. Excellent investment opportunity.
      2960 Fm 866, Odessa, TX 79763
      View Details
    • $250,000
      2.00 Acres

      Odessa, TX Commercial Land - 2 Acres

      Prime 2-acre commercial/industrial lot.
      2940 Fm 866, Odessa, TX 79763
      View Details
    • $1,640,000
      32.82 Acres

      Prime Odessa Industrial Land

      32.82-acre site, I-20 frontage, Permian Basin.
      6801 Murphy St, Odessa, TX 79763
      View Details
    • $2,634,660
      50.18 Acres

      Prime Odessa Industrial Land

      50 acres, I-20 access, multiple buildings
      1002 County Rd, Odessa, TX 79763
      View Details
    • $850,000
      5.00 Acres

      I-20 Odessa Retail Property

      Prime Retail & Land, Odessa, TX
      850 I-20 Penwell, Odessa, TX 79763
      View Details
    • $6,961,500
      107.10 Acres

      Prime Odessa Commercial Land

      107 Acres, I-20 Frontage, Rail Access
      14001 Murphy St, Odessa, TX 79763
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      4,000 SF

      I-20 West Frontage Commercial Property

      Prime Odessa location, 4,000 sqft available.
      850 I-20, Odessa, TX 79763
      View Details
    • $10,000 /Mo
      1,216 SF

      Prime Land with Metal Building

      5 acres with building and I-20 visibility for lease.
      8220 W I-20 Service Rd, Odessa, TX 79763
      View Details
    • Contact for pricing
      5,000 SF

      Odessa Industrial Warehouse For Lease

      5,000 SF Warehouse, 2.4 Acres
      5228 I-20, Odessa, TX 79763
      View Details
    • $7,950 /Mo
      7,800 SF

      Odessa Shop/Office Space For Lease

      7,800 sq ft shop/office on 3.6 AC lot.
      1881 S Redline Ave, Odessa, TX 79763
      View Details
    • Contact for pricing
      6,250 SF

      Odessa Warehouse: Build-to-Suit

      6,250 SF Warehouse, West Odessa, TX
      8340 Boles Rd, Odessa, TX 79763
      View Details
    • $8,000 /Mo
      6,200 SF

      Commercial Office and Shop Space

      6,200 SF office and shop on 1.5-acre corner lot.
      4424 W 8Th St, Odessa, TX 79763
      View Details
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    2960 Fm 866
    Odessa, TX 79763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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