• Broker Cassandra Pearce 4327032545

Prime Intersection I-20 W & FM 1053 - SE Quadrant -Fort Stockton Exit 20 Acres of Commercial Land Offered at $7,500,000 in Penwell, TX 79776

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EXECUTIVE SUMMARY

FOR SALE OR LEASE- SELLER MAY BE NEGOTIABLE ON PRICE DEPENDING ON TERMS.
PRICING:
6 Acre option for $350K/acre- $2.1M
12 acre option for $300K/acre- $3.6M (ask to verify which acreage as intersection is higher and some acreage may be priced lower)
12 acre option for $255K/acre- $3,060,000 (ask to verify which acreage as intersection is higher and some acreage may be priced lower)
30 acre option for $200K/acre-$6M(ask to verify which acreage as intersection is higher and some acreage may be priced lower)
50 acre option for $150K/acre-$7.5M (ask to verify which acreage as intersection is higher and some acreage may be priced lower)
Located at the prime SE intersection of the 1053 Fort Stockton Exit and I 20 W. Amazing price and amazing opportunity. No other truck stop for miles between Meteor Crater Rd in Odessa, TX and Monahans, TX. This is a once in a lifetime opportunity, selling at an amazing price which is negotiable. Prime location with water negotiable, visibility, access to major highways. Minutes from GASOLINE REFINERY GOING INTO PENWELL TX.
Note: ONLY SE Quadrant is available, nearby seller has up to 5800 avail acres if needing more acreage.
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.

ATTACHMENTS

1053 and I 20 W SE corner

PROPERTY FACTS

Price $7,500,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Industrial
  • Industrial Live or Work Unit
No. Lots 1 Total Lot Size 20.00 AC
Property Type Land
Zoning None
Price $7,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Industrial Live or Work Unit
Total Lot Size 20.00 AC
Zoning None

1 LOT AVAILABLE

Lot

Price $7,500,000 Lot Size 20.00 AC
Price Per AC $375,000.00
Price $7,500,000
Price Per AC $375,000.00
Lot Size 20.00 AC

10-30 ACRES AVAILABLE DOESN'T HAVE TO BE PURCHASED IN A 20 ACRE LOT. SELLER MAY BE NEGOTIABLE ON PRICE DEPENDING ON TERMS. Located at the prime SE intersection of the 1053 Fort Stockton Exit and I 20 W. Amazing price and amazing opportunity.

DESCRIPTION

FOR SALE OR LEASE SELLER MAY BE NEGOTIABLE ON PRICE DEPENDING ON TERMS. 6 Acre option for $350K/acre- $2.1M 12 acre option for $300K/acre- $3.6M (ask to verify which acreage as intersection is higher and some acreage may be priced lower) 12 acre option for $255K/acre- $3,060,000 (ask to verify which acreage as intersection is higher and some acreage may be priced lower) 30 acre option for $200K/acre-$6M(ask to verify which acreage as intersection is higher and some acreage may be priced lower) 50 acre option for $150K/acre-$7.5M (ask to verify which acreage as intersection is higher and some acreage may be priced lower) Located at the prime SE intersection of the 1053 Fort Stockton Exit and I 20 W. Amazing price and amazing opportunity. No other truck stop for miles between Meteor Crater Rd in Odessa, TX and Monahans, TX. This is a once in a lifetime opportunity, selling at an amazing price which is negotiable. Prime location with water negotiable, visibility, access to major highways. Minutes from GASOLINE REFINERY GOING INTO PENWELL TX

PROPERTY TAXES

Parcel Number 46650-00010-00000 Improvements Assessment $0
Land Assessment $4,020 Total Assessment $4,020

PROPERTY TAXES

Parcel Number
46650-00010-00000
Land Assessment
$4,020
Improvements Assessment
$0
Total Assessment
$4,020

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 23011512

  • Date on Market: 5/11/2021

  • Last Updated: 6/23/2025

  • Address: Prime Intersection I-20 W & FM 1053, Penwell, TX 79776