7200 E Highway 191 0.92 Acres of Commercial Land in Odessa, TX 79765

Discover a premier development opportunity with exceptional highway frontage at 7200 E Highway 191 in Odessa, Texas. This cleared and level 0.92-acre site is zoned for Light Commercial use, presenting excellent potential for a wide range of retail, restaurant, or drive-thru establishments, with ample space for expansion and customization.

Located within Parks Legado Town Center, this prime lot offers investors and developers the opportunity to become part of a vibrant commercial destination with strong local and visitor traffic. With direct frontage on Highway 191, tenants benefit from high visibility to over 34,000 vehicles each day. 7200 E Highway 191 is just 10 minutes from Interstate 20 and 12 minutes from Midland International Airport, connecting the property with consumers from across the greater region and beyond.

The site is surrounded by a diverse selection of shops and restaurants, as well as three Marriott-branded hotels and two nearby luxury car dealerships, attracting an affluent customer base. Additionally, 7200 E Highway 191 is just minutes away from major attractions, including the Wagner Noel Performing Arts Center, Cinergy, and the University of Texas of the Permian Basin. These venues provide a variety of cultural, recreational, and educational offerings, drawing a broad and diverse audience to the area.

7200 E Highway 191 allows investors and developers to capitalize on the rapid growth and development in the surrounding area. Within 5 miles of the site, Midland’s population has grown by over 7% since 2020 to sit at over 68,000 residents. These locals earn an average household income of more than $101,000, resulting in impressive consumer spending of more than $804 million. With retail vacancies at just 2.9% in the market and rents up an average of 3.5% annually during the past five years, this rare development opportunity presents a lucrative investment with long-term growth potential.