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Improved Commercial Land for Sale in Odessa, Texas
54505268 N FM 866, Odessa, TX 79766
$1,800,000
5 acres
Active
$1.1m drop
Est $9,028/moPrime Land HWY FM 866 Frontage! MOVE IN READY! Amazing Yard- Cleared, Caliche Lay down, Water well 7 gal/min, Fenced in front and sides. No knwn Restrictions! Great Location - near University Ave & HWY 302 W or South to I 20 W. Sale 2 story warehouse with shop & 5 acres $1.8M, $18,900/mo NNN, OR: Warehouse+ Shop & 12 acres $2.3mil, $22,500/mo NNN OR: Warehouse+ Shop 24 acres $2.6 Mill, $26,500/mo NNN OR: All, WH 35+- AC $2.9 mill, $29K/mo NNN OR lease 12-24 acres at $700/acre/mo, sale $900K 12 acres LAND ONLY. Framed shop with 8" Cement foundation. Three phase 480- 600 amp in process.
12,400
Sq feet
2021
Built
Location
- Street address
- 54505268 N FM 866
- County
- Ector County
- Elevation
- 3,114 feet
Property details
- Acreage
- 5 acres
- MLS #
- PBBR 50085401
- Posted
Property taxes
- Recent
- $2,500
Legal description
Tax Rec.5268 Plat: 5350 or 5450 FM 866 Odessa TX 79766 12 ac.out of 35.79 acre tract of Land SEC 11 BLK 44, T-2-S, T&P RR CO Survey Ector County TX
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 27, 2025 | Price drop | $1,800,000 | $1,100,000 -37.9% | PBBR |
| Apr 27, 2024 | Price increase | $2,900,000 | $1,150,000 65.7% | PBBR |
| Aug 30, 2023 | New listing | $1,750,000 | — | PBBR |
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