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Interstate 20 Midland, TX 79701

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For Sale
$4,500,000

Excellent investment opportunity near Midland International Air & Spaceport.

Lot size:
21.58 Acres

Property Features for Interstate 20

General Information

Lot size
21.58 Acres

Source: The Real Estate Ranch Agent Thomas Johnston

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


Overview

Prime Land I-20 Location

This property, located at Interstate 20 in Midland, Texas, presents an investment opportunity. Water and sewer lines are available on-site. Situated between Midland and Odessa, near Midland International Air & Spaceport, the site offers potential for development. FAA approval is required for any development due to its location within the AOZ. A shared detention pond is present with the adjacent Pilot property. There are no apparent flooding issues according to maps. A restriction on retail diesel sales is in place for another 7 years, after which the site could be suitable for a truck stop or gas station. Extensive site work, civil engineering, and mapping have been conducted by West Engineering, with information available for qualified prospects. The location at 1788 & I-20 is described as unbelievable, making it a perfect investment to buy and hold. The property is considered a perfect wholesale opportunity to sub-develop a premier West Texas site. The site has the potential to bring a development with flash that merges two cities together and has lots of window appeal.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Midland
County
Midland
State
Texas
Longitude
-102.071129
Latitude
31.974614

FAQs

What type of property is this?
Land - Excellent investment opportunity near Midland International Air & Spaceport.
Where is this land located?
The property is located at Interstate 20 Midland, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Prime location at I-20, offering a strategic investment opportunity between Midland and Odessa.; - Potential for sub-development of a premier West Texas site near Midland International Air & Spaceport.; - Onsite water and sewer lines, streamlining development.
More about this property
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