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42nd St
Odessa, TX 79764
Land For Sale · 6.00 AC
Investment Highlights
- Prime Land Prime location off FM 866 and Near City County Benefits!
- Electricity at Rd Caliche on one acre Frontage Main RD near HWY
- 6+- acres with Frontage Near FM 866 on 42ND ST close proximity to Interstate 20 & HWY 302 heading to Monahans or Kermit & minutes to Midland TX
Executive Summary
- 6 prime acres (1+- acre with Caliche base added.) (6 acre lots #'s: in L.A.M Subdivision) Directions: Located from FM 866 and 42ND St Intersections turn onto 42ND ST and go until right before Draper Dr. the property is a Prime Corner lot!
Build your Commercial, Industrial Business with Electric nearby (at Rd) Prime Prime Location location!
West TX where:This year the region is expected to generate an average of 3.9 million barrels per day, roughly a third of total U.S. oil production, according to the U.S. Department of Energy. That’s enough to make the U.S., as of late 2018, the world’s largest producer of crude. The windfall has turned a nation long reliant on foreign oil into a net exporter in a few short years. West TX :Midland Odessa TX Economy:In Midland, the June unemployment rate averaged 2.4 percent; it averaged 2.2 percent in the second quarter and 2.3 percent for the first half of the year.
In Odessa, the June unemployment rate averaged 3.2 percent; it averaged 2.9 percent in the second quarter and 3.1 percent in the first half of the year.
Referencing quoting MRT https://www.mrt.com/business/article/Midland-Odessa-economy-continues-to-reach-new-13167450.php
Ingham said," seasonally adjusted employment data indicates total employment in Midland-Odessa was 178,200 in June, the highest June total on record and a gain of 6.9 percent from 166,700 last June. But the total is down about 900 jobs from the peak of 179,100 in December 2014. He said that gap will close in the coming months and employment “will be in record territory by every measure.”
THE INFORMATION IN THE LISTING IS DEEMED RELIABLE BUT ALL ASPECTS OF THE INFORMATION CAN CHANGE, MAY, CHANGE & MAY BE INACCURATE & MUST BE VERIFIED BU BUYER OR THEIR AGENT AND IS ACKNOWLEDGED BY BUYER AND AGENTS.
PROPERTY FACTS
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.00 AC |
| Property Type | Land | Cross Streets | FM 866 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.00 AC |
| Cross Streets | FM 866 |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $450,000 | Lot Size | 5.00 AC |
| Price Per AC | $90,000 |
| Price | $450,000 |
| Price Per AC | $90,000 |
| Lot Size | 5.00 AC |
Prime Corner lot of land- 5 prime acres (1+- acre with Caliche base added.) (6 aclots 1-4 in L.A.M Subdivision) Located from FM 866 and 42ND St Intersections turn onto 42ND ST and go until right before Draper Dr. the property is a Prime Corner lot.
Description
Prime Corner lot of land for your business - Caliche- no Real Restrictions- Mobile homes Ok Only $180,000.00 (ask to review all docs for Survey, Plat Details) - 6 prime acres (1+- acre with Caliche base added.) (6 acre lots #'s: 1-4 in L.A.M Subdivision) Directions: Located from FM 866 and 42ND St Intersections turn onto 42ND ST and go until right before Draper Dr. the property is a Prime Corner lot! Build your Commercial, Industrial Business with Electric nearby (at Rd) Prime Prime Location location! West TX where:This year the region is expected to generate an average of 3.9 million barrels per day, roughly a third of total U.S. oil production, according to the U.S. Department of Energy. That’s enough to make the U.S., as of late 2018, the world’s largest producer of crude. The windfall has turned a nation long reliant on foreign oil into a net exporter in a few short years. West TX :Midland Odessa TX Economy:In Midland, the June unemployment rate averaged 2.4 percent; it averaged 2.2 percent in the second quarter and 2.3 percent for the first half of the year. In Odessa, the June unemployment rate averaged 3.2 percent; it averaged 2.9 percent in the second quarter and 3.1 percent in the first half of the year. Referencing quoting MRT https://www.mrt.com/business/article/Midland-Odessa-economy-continues-to-reach-new-13167450.php Ingham said," seasonally adjusted employment data indicates total employment in Midland-Odessa was 178,200 in June, the highest June total on record and a gain of 6.9 percent from 166,700 last June. But the total is down about 900 jobs from the peak of 179,100 in December 2014. He said that gap will close in the coming months and employment “will be in record territory by every measure.”
PROPERTY TAXES
| Parcel Number | 168350001000000 | Improvements Assessment | $0 |
| Land Assessment | $46,348 | Total Assessment | $46,348 |
PROPERTY TAXES
zoning
| Zoning Code | Unrestricted |
| Unrestricted |
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