05 — Location & Market
East Odessa's growth corridor — anchored by highways, retail, and healthcare.
The property sits in northeast Odessa, immediately off the JBS Parkway / E. 56th Street node — a rapidly infilling submarket with direct access to Interstate 20 and Loop 338, and within a short drive of the region's largest retail, medical, and educational institutions.
Headlee Ranch Retail Pad Sites — 5.59 acres directly opposite the subject.
The Northeast corner of Loop 338 & E. 56th Street is being developed as the Headlee Ranch commercial node. Two of the five pads have already sold, and three national/regional users have announced they are coming soon — driving new daytime traffic and residential rooftops immediately adjacent to the property.
Source: The Havens Group — Headlee Ranch Retail Pad Sites brochure (Rev. 5). Details subject to change by the seller.
Interactive map
Access & retail context
Major highways & arterials
- Interstate 20 (I-20)Primary east–west corridor across West Texas
- Loop 338Odessa's outer belt loop
- US Highway 385North–south route through the Permian Basin
- State Highway 191Odessa–Midland connector
- JBS ParkwayNorth Odessa arterial serving the immediate trade area
Nearby retailers
- Music City Mall (Odessa's regional mall)
- Walmart Supercenter
- H-E-B Grocery
- Target
- The Home Depot
- Lowe's Home Improvement
- Sam's Club
- Academy Sports + Outdoors
- Chick-fil-A, Whataburger, Starbucks (JBS Parkway corridor)
Surrounding development
Nearby residential developments
- Headlee Estates (across the street)±12.03-acre residential subdivision — 1st filing platted, directly adjacent to the Headlee Ranch retail pads at NE corner of Loop 338 & E. 56th
- Future Headlee Ranch Estate LotsAdditional single-family lots planned within the Headlee Ranch master area
- Established single-family neighborhoods surrounding E. 56th Street
- New-construction subdivisions in north and northeast Odessa
Nearby commercial developments
- Headlee Ranch Retail Pad Sites (directly across the street)5.59 acres of commercial pads at NE corner of Loop 338 & E. 56th — Lots 1 & 4 sold; Lots 2, 3, 5 remaining. Source: The Havens Group brochure.
- Tarzan & Jane — Coming Soon (Headlee Ranch pad)Family-owned restaurant + gas station hybrid; growing Permian Basin brand
- HTeaO Travel Center — Coming Soon (Headlee Ranch pad)Iced-tea-anchored travel center concept
- Athletic Republic — Coming Soon (Headlee Ranch pad)Sports performance training franchise
- Community Bible Church (adjacent, shared parking easement)
- Ongoing infill development throughout the East Odessa growth corridor
Schools, healthcare & aviation
Schools & universities
- Ector County ISD — serves the property area
- University of Texas Permian Basin (UTPB)
- Odessa College
Hospitals & medical
- Medical Center Health System
- Odessa Regional Medical Center
- ProCare Urgent Care & area clinics
Airports
- Midland International Air & Space Port (MAF)Regional commercial airport serving Midland–Odessa
- Odessa–Schlemeyer Field (ODO)General aviation
Demographics & traffic
| Ring | Population 2024 | Population 2029 | Median HH Income 2023 | Median HH Income 2028 |
|---|---|---|---|---|
| 3-Mile Radius | ±41,967 | ±43,546 | $88,076 | $97,689 |
| 5-Mile Radius | ±90,142 | ±93,337 | $78,034 | $85,130 |
Source: The Havens Group — Headlee Ranch Retail Pad Sites brochure (Rev. 5), covering the immediate trade area across E. 56th Street from the subject property.
Traffic count
Source: most recent (2023) TxDOT count referenced in the third-party appraisal dated 11/4/2024. Loop 338, JBS Parkway, and I-20 counts pending.
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