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    5501 Starboard Dr Midland, TX

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    For Sale
    Contact for pricing

    Retail development land in rapidly developing Tradewinds Blvd Corridor.

    Lot size:
    2.34 Acres

    Property Features for 5501 Starboard Dr

    General Information

    Lot size
    2.34 Acres

    Source: Coldwell Banker Commercial Capital Advisors Agent Beau Tucker CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Development Land

    This Gateway Plaza Pad Site is located at the Starboard Drive entrance off Loop 250 in Midland, TX. The property is situated in the Gateway Plaza within the Tradewinds Blvd Corridor, a rapidly developing region in southwest Midland. Existing businesses in Gateway Plaza include Cinergy Cinemas, Hawthorn Suites, Four Points by Sheraton, the Gateway Plaza Apartments, RIG-ID, Cafe Nitro, and a two-story office building. The property is not in the floodplain. Business Interstate 20 has a traffic volume of 29,100 vehicles per day, and Loop 250 has a traffic volume of 47,442 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.080975
    Latitude
    31.991745

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    FAQs

    What type of property is this?
    Commercial land - Retail development land in rapidly developing Tradewinds Blvd Corridor.
    Where is this commercial land located?
    The property is located at 5501 Starboard Dr Midland, TX.
    What are key features of this property?
    This property features: - Prime retail development land in a rapidly developing area.; - Located in Gateway Plaza with established businesses like Cinergy Cinemas and hotels.; - High traffic location: Loop 250 has 47,442 vehicles per day.
    (806) 470-3944
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    5501 Starboard Dr Midland, TX
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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
    5501 Starboard Dr Midland, TX
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