2.5 Acres on French and Business 20

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30567686
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 2.52 Acres
Sale Price: $550,000
Unit Price: $218,253 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2020

Overview / Comments

High visibility corner lot on Business 20 surrounded by hotels and restaurants. Approximately 2.5 acres. Survey available. Zoned Light Commercial. Cleared and ready for development. Bring offers.

Additional Details

Nearest MSA: Odessa
County: Ector
Taxing Authority: ECTORCAD
Tax ID/APN: 10700-00101-00101
Zoning: LIGHT COMMERCIAL
Property Located Between: Parkway Blvd and Loop 338
Property Visibility: Good
Legal Description: 2.13 ACRE OF LOT 1 & .385 AC, Block 1E, French Tool
Largest Nearby Street: Business 20
Feet of Frontage: 180
Highway Access: I-20 access via Parkway Blvd (Approx. 1 mile) or Loop 338 (Approx. 1.2 miles)
Airports: MAF east approx. 8.5 miles
Site Description: Cleared and ready for development. City utilities on site
Area Description: Hotel and restaurant district
Lot Frontage: 180 feet
Lot Depth: 455 feet
Zoning Description: Flexible Zoning that encompasses many uses to encourage development
Topography: Level
Easements Description: Street setbacks
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,068 53,117 97,240
Median Age: 31.32 33.47 32.63
Households: 2,701 20,593 36,075

Contact

Photograph of Listing Agent

Cameron Willmann

Keller Williams Realty Midland
West Texas CIE Member
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