Active

$1,800,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8487198
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
2.91 acres of prime vacant land in the highly desirable Odessa area, positioned at the signalized intersection of Gunn Highway and Lutz Lake Fern Road—an established high-traffic corridor with excellent visibility and accessibility. The property is zoned PD and already approved for the development of three buildings totaling approximately 18,500 square feet, allowing for business services, professional services, and health practitioner offices. This flexible zoning and pre-approved development plan present an outstanding opportunity for investors, developers, or end users looking to establish a professional office complex in a thriving area. Surrounded by established residential communities and steady daily traffic, the site offers strong exposure and convenient access for clients and employees alike. Located within one of the region’s most desirable and affluent zip codes, the area is known for its high household income levels and continued growth—making it an ideal location for medical, professional, and service-oriented businesses. With nearly three acres of developable land, a prime corner location, and approvals already in place, this property is ready for the next phase of development in one of Odessa’s most sought-after commercial corridors.
Financial Considerations
Price:
$1,800,000
HOA Fee:
N/A
Tax Amount:
$4483.83
Price per SqFt:
$14.2
Tax Legal Description:
KEYSTONE PARK COLONY BEG NW COR OF TRACT 2 IN NW 1/4 RUN E 386 FT THN S 311.17 FT THN W 385.57 FT TO W BDRY OF SAID TRACT THN N 309.77 FT TO THE POB LESS RR R/W ----- COM AT NW COR OF TRACT 2 THN S 00 DEG 14 MIN 25 SEC E 35 FT TO POB THN S 89 DEG 26 MIN 02 SEC E 57.41 FT THN S 00 DEG 11 MIN 59 SEC E 275 FT THN N 89 DEG 13 MIN 34 SEC W 58.93 FT THN N 89 DEG 13 MIN 34 SEC W 41.08 FT THN N 00 DEG 11 MIN 59 SEC W 91.91 FT THN N 12 DEG 53 MIN 38 SEC W 186.25 FT THN N 89 DEG 29 MIN 12 SEC E 83.52 FT T O POB
Exterior Features
Lot Size:
126760
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    LUTZ LAKE FERN RD
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