2070 Tx-338 Loop, Odessa, TX 79766
This exceptional 6-acre commercial land parcel in Odessa, Texas, presents a unique investment opportunity. Located at 2070 TX-338 Loop, this property boasts prime visibility and accessibility, situated at a high-traffic intersection ideal for a truck stop. The land offers established water sales with potential for additional water access; verification with the city/county is recommended for future availability. Direct access is provided from IH-20 and SW Loop 338. The asking price for the 6-acre parcel is $3,300,000. Expansion options exist, with the potential to acquire up to 10 acres at $550,000 per acre, or a total of 35+ acres for $15,000,000. The property includes APN 42470.0042.00000 & PARCEL # 42470.00044.00000 T-2-S BLK 42 SEC 42 (CARD #3A) & T-2-S BLK 42 SEC 42 (CARD # 3) in Ector County, Texas, zip code 79766. The location's high visibility and convenient access make it an attractive site for various commercial ventures. Existing improvements include an Airbnb home and a storage building. This is a rare opportunity to secure a highly desirable commercial property 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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.