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HWY 385 - 2.5 Acres, Andrews TX

2.5 Acres of Commercial Land Offered at $2,178,000 in Andrews, TX 79714

Investment Highlights

  • 2.5 Acres ready to be developed
  • Property sits directly in the middle of the nation’s leading oil depository, the Permian Basin
  • Andrews County adjoins state line with New Mexico
  • The City of Andrews is intersected by three State Highways
  • Fronts main throughway, HWY 385, providing access to the markets of Odessa, Midland, and Lubbock

Executive Summary

2.5 Acres of ready to be developed land located in Andrews, TX. This property sits on the prime corner of State Highway 385 and NW Mustang Drive providing accessible commutes to any portion of the community. Andrews is intersected by three State Highways providing access into the markets of New Mexico, Midland/Odessa, Big Spring, and Lubbock. Heavily influenced by the oil and gas industry, Andrews, located 34 miles from Odessa, sits directly in the middle of the nation’s leading oil depository, the Permian Basin.

Attachments

Andrews TX Land

Property Facts Under Contract

Price $2,178,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.50 AC
Cross Streets NW Mustang Dr

1 Lot Available

Lot

Price $2,178,000
Price Per AC $871,200
Lot Size 2.50 AC

2.5 Acres of ready to be developed land located in Andrews, TX cornered on a signalized intersection. Lot is zoned as Local Retail.

Description

2.5 Acres of ready to be developed land located in Andrews, TX. This property comes with premium frontage on the main thoroughfares of Andrews, State Highway 385 and NW Mustang Drive, providing accessible commutes to any portion of the community and surrounding areas. This property can be well utilized as it offers high visibility with extensive frontage providing great accessibility and corners a signalized intersection that carries over 11,000 VPD. Andrews, TX also serves as the county seat of Andrews County which adjoins New Mexico.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000000004505
Land Assessment
$64,280
Improvements Assessment
$0
Total Assessment
$64,280

zoning

Zoning Code Local Retail
Local Retail
  • Listing ID: 27196528

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: HWY 385, Andrews, TX 79714

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