Fm 1787 Odessa, TX 79766
- Land
- 7,300 SF
- 16.52 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fm 1787
- Lot size
- 16.52 lot acres
- Property size
- 7,300 SF
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 16.52-acre property in Odessa, Texas, offers a unique opportunity for build-to-suit development or immediate use as a laydown yard. Strategically located on FM 1787, a major thoroughfare, this site benefits from its proximity to active Permian Basin drilling operations and existing industrial buildings. The property is divided into two parcels. The eastern parcel, approximately 10.5 acres, is readily subdividable, with a suggested plat outlining ten lots ranging from one to 2.5 acres each. This land is raw and unimproved, but features two existing water wells, and electric and sewer utilities are conveniently located nearby. The western 6.02-acre parcel includes a substantial 5,000-square-foot shop building, fully insulated and equipped with two drive-through bays, plus a 1,300-square-foot, two-bedroom, one-and-a-half-bathroom house. This western parcel is serviced by a water well and septic system. The entire property presents a compelling investment opportunity for businesses seeking land in a thriving industrial area. The zoning is currently unlisted. Total building square footage on the property is 7,300 square feet. This property is ideal for a variety of industrial and commercial uses.
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
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.273
- Latitude
- 31.6957
