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    2842 Prt Alto Dr Midland, TX 79705

    For Sale
    $65,000

    Individual Lot - Midland, TX

    Lot size:
    1.00 Acre
    Days on Market:
    166
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 2842 Prt Alto Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    The Real Estate Ranch LLC (432) 688-8200

    Listing agent Thomas Johnston ABR /CNHS (432) 688-8200

    Listing date Jul 1, 2025

    MLS# 50083399 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

    Industrial Land For Sale

    This property consists of one acre of commercial, industrial land. Located in Midland, Texas, the site is suitable for industrial use. Water is available in the area at 20 gallons per minute. Mobile homes are permitted on the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.041575
    Latitude
    32.123997

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    FAQs

    What type of property is this?
    Commercial land - One acre of industrial land available in Midland, Texas.
    Where is this commercial land located?
    The property is located at 2842 Prt Alto Dr Midland, TX.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Affordable Price: Priced at just $65,000 per acre.; - Versatile Use: Ideal for small industrial yards and home sites.; - Potential for Expansion: Combine yards to accommodate larger requirements.
    (432) 688-8200
    Request Owner's contact information
    2842 Prt Alto Dr 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
    2842 Prt Alto Dr Midland, TX 79705
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