Discover this prime 1.75-acre development opportunity in the heart of booming Odessa, Texas, boasting outstanding frontage along Loop 338 for unmatched visibility and access. Ideally suited for retail, office, medical, or mixed-use projects, this tract lies in one of the city’s newest corridors, just minutes from the exciting new North Park community that already features top-rated schools like Dr. Lee Buice Elementary and Barbara Jordan Elementary. Growth momentum is surging with major nearby projects, including the impressive 290-acre Windmill Crossing master-planned community set to deliver approximately 1,422 homesites and thousands of future residents and customers. With key advantages such as being outside the floodplain, utilities to be extended to the site, and readiness for immediate development in a high-traffic location.
Located at the southeast corner of the Highway 385 & N Loop 338 intersection in Odessa, TX.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
