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4800 4700 and 4620 NE 338 loop
Odessa, TX 79762
Land For Sale · 8.00 AC

Investment Highlights

  • Property features NE Loop 338 Frontage
  • The property is located just north of the intersection of E Loop 338 and HWY 191, one of the most high retail-traffic areas in Odessa.
  • Four separate lots, available individually or in a block.

Executive Summary

Four 2-acre parcels located along NE Loop 338 in northeast Odessa present a strong opportunity for commercial development. These lots offer excellent visibility and frontage on a major arterial road, with immediate access to Highway 191 and nearby retail power centers such as Chimney Rock Shopping Center, home to national brands including Best Buy, Academy, and Petco. The property benefits from significant traffic exposure and proximity to both established commercial zones and expanding residential communities, making it a compelling choice for investors or developers seeking long-term value in a growing market.

Property Facts

Sale Type Owner User
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Convenience Store
  • Department Store
  • Drugstore
  • Fast Food
  • Restaurant
  • Retail Warehouse
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 8.00 AC
Zoning Retail - The property is zoned for retail use, allowing a wide range of commercial developments.

4 Lots Available

Lot 1

Price $1,306,800
Price Per AC $653,400.00
Lot Size 2.00 AC

Lot 1 -4800-A NE Loop 338, Odessa, TX, 79762

Lot 2

Price $1,306,800
Price Per AC $653,400.00
Lot Size 2.00 AC

Lot 2 -4800-B NE Loop 338, Odessa, TX, 79762

Lot 3

Price $1,306,800
Price Per AC $653,400.00
Lot Size 2.00 AC

Lot 3- 4700 NE Loop 338 Odessa, TX, 79762

Lot 4

Price $1,306,800
Price Per AC $653,400.00
Lot Size 2.00 AC

Lot 4 - 4620 NE Loop 338, Odessa, TX, 79762

Description

Four +/- 2.00 Acre Lots for Sale with NE Loop 338 Frontage in NE Odessa just north of HWY 191. Well-situated for retail, with shopping centers to the north as well as to the south at Chimney Rock Shopping Center, which contains major local retail draws such as Best Buy, Academy, Marshall’s, Kohl’s, Petco, and Longhorn Steakhouse. Lots available together as a block or separate at the rate of $15 per square foot. Land currently zoned Retail. The property is located just north of the intersection of E Loop 338 and HWY 191, one of the most high retail-traffic areas in Odessa. Location features high retail traffic from residential developments in the growing housing subdivisions in North Odessa. Call Steven Strahan at (432)-770-8640 for more information.

  • Listing ID: 40829702

  • Date on Market: 6/7/2026

  • Last Updated:

  • Address: 4800 4700 and 4620 NE 338 loop, Odessa, TX 79762

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