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    5518 N Big Spring St Midland, TX 79701

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    For Sale
    $4,537,200

    Prime commercial land for retail development in high-traffic area.

    Lot size:
    7.44 Acres

    Property Features for 5518 N Big Spring St

    General Information

    Lot size
    7.44 Acres

    Source: Moriah Brokerage Services Agent Wes Gotcher

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

    Overview

    Commercial Land in North Midland

    This commercial land, ranging from 0.50 acres up to 7.45 acres, is situated in a prime development area in North Midland, surrounded by both commercial and residential properties. The location benefits from high traffic at the intersection of Mockingbird Lane and Pavilion Parkway, with frontage on Mockingbird Lane. A signalized intersection enhances accessibility. The site is located adjacent to a Jack's Convenience Store and a future Wendy's. Easy access to TX-349 is available, which has traffic counts of approximately 19,000. The area is expected to experience continued growth, with plans for over 1,000 homes to the north and additional developments in the future, making it a suitable location for a retail center.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.0832294
    Latitude
    32.0571403

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for retail development in high-traffic area.
    Where is this commercial land located?
    The property is located at 5518 N Big Spring St Midland, TX.
    What is the asking price?
    The asking price for this property is $4,537,200.
    What are key features of this property?
    This property features: - Prime commercial land development opportunity in North Midland.; - Located at a **highly trafficked, signalized intersection** with frontage on Mockingbird Lane.; - Easy access to TX-349 with high traffic counts (+/- 19K).
    (432) 682-2510
    Request Owner's contact information
    5518 N Big Spring St Midland, TX 79701
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    Midland, TX 79701
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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
    5518 N Big Spring St Midland, TX 79701
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