For Sale
$21,255,000

850 I H 20 Odessa, TX 79776

327 Acres, $65k/Acre, Hwy Frontage

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 327-acre commercial land parcel presents a significant investment opportunity in Ector County, Texas. Strategically located on Highway I-20, with additional frontage on Texaco Road and FM 1053, this expansive tract offers unparalleled access and visibility. The asking price is $21,255,000, translating to a land value of $65,000 per acre. The property is currently unsubdivided raw land, providing flexibility for various development scenarios. Three-phase power is readily available nearby, with substations located in close proximity to certain areas. Prospective buyers are encouraged to independently verify all details, including taxes, and are advised to contact the provided number for GPS coordinates and scheduling showings. Please note that the acreage may be subject to adjustment, and additional land may be available in the Odessa/Penwell and Notrees, TX areas. Lease options may also be considered. This prime location offers immense potential for a wide range of commercial ventures.

Highlights

  • $21,255,000 asking price.
  • 327-acre commercial land parcel.
  • $65,000 per acre land value.
  • Located at 850 W I H 20, Penwell, TX 79776.
  • I-20, Texaco Road, and FM 1053 frontage.
  • Three-phase power nearby.

Property Details for 850 I H 20

Property type
Land
Lot Size (sq. ft)
14,244,120 SF

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.7371247
Longitude
-102.5913146

FAQs

What type of property is this?
Land - 327 Acres, $65k/Acre, Hwy Frontage
Where is the land located?
The property is located at 850 I H 20 Odessa, TX.
What is the asking price?
The asking price for this property is $21,255,000.
What are key features of this property?
This property features: $21,255,000 asking price.; 327-acre commercial land parcel.; $65,000 per acre land value.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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850 I H 20
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