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    2406 Connell St Midland, TX 79705

    For Sale
    $850,000

    Industrial/Commercial - Midland, TX

    Property size:
    1,514 SF
    Lot size:
    0.58 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 2406 Connell St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,514 SF
    Lot size
    0.58 Acres

    Building Details

    Year built
    1950
    Floors in Building
    1
    Architectural style
    Other

    ENERGY REAL ESTATE SOLUTIONS (432) 664-2745

    Listing agent Alonso Hernandez (432) 664-2745

    Listing date Jul 17, 2025

    MLS# 50083856 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    I-20 Frontage Development Land

    This 1.86-acre commercial land opportunity is located directly off Rankin Highway and Interstate 20 in Midland, TX. It is one of seven parcels. The property is currently zoned for residential use. It is ideal for hotel, multi-family, retail, restaurant, or hospitality development. The property offers maximum visibility and accessibility from I-20, one of Midland's busiest corridors with commercial and oilfield traffic. Potential business uses include a laundromat, retail space, or restaurant. The property has high-traffic location. The lot size is 0.58 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0769831
    Latitude
    31.9731459

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    FAQs

    What type of property is this?
    Commercial land - 1.86 acres of commercial land off I-20 in Midland, TX.
    Where is this commercial land located?
    The property is located at 2406 Connell St Midland, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 1.86 acres of prime I-20 frontage development land; - High-traffic location directly off Rankin Highway and Interstate 20; - Ideal for hotel, multi-family, retail, restaurant, or hospitality development
    (432) 664-2745
    Request Owner's contact information
    2406 Connell St Midland, TX 79705
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    Midland, TX 79705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2406 Connell St Midland, TX 79705
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