4301 Medical Park Dr Odessa, TX 79765
This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Odessa, Texas. Encompassing three contiguous lots totaling between 2.46 and 7.72 acres, this property boasts a highly desirable location at 4301 Medical Park Dr, zip code 79765, in Midland County. The land is priced between $15 and $16 per square foot, with an asking price of $5,380,531. Its strategic position offers unparalleled visibility and accessibility, surrounded by established businesses including Chick-fil-A, Rosa's Cafe, and Texas Burger. Convenience stores such as Kent Kwik and Stripes are also within close proximity, ensuring high foot traffic and consumer convenience. Adding to its appeal, the prestigious Odessa Country Club golf course is directly across the street, providing a desirable and upscale neighborhood ambiance. The property's proximity to these amenities makes it ideal for a variety of commercial developments, capitalizing on the strong local economy and high demand for commercial space in this rapidly growing area. The lots are situated adjacent to Paradigm Plaza, further enhancing their value and potential. This is a rare opportunity to acquire prime commercial land in a prime location with significant development potential.
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
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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.