Developable Land with Existing
2406 Connell St, Midland, TX 79705
For Sale
$850,000
Developable acreage includes an existing 1950 structure totaling approximately 1,500 SF, with parking room and hotel-development potential.
Property Size1,514 SF
Lot Size0.58 Acres
Price / SF$561.43
Days on Market112
Property Features for 2406 Connell St
General Information
Standard status
Size
Lot size
Zoning
Building Details
Year Built
Listing Agency:
ENERGY REAL ESTATE SOLUTIONS
Listed By:
Alonso Hernandez · License TX #775636
(432) 425-9692
Source:
Rickerlooney
Added: Jul 24
Changed: Nov 8
Last Checked: Nov 12 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ENERGY REAL ESTATE SOLUTIONS
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Investment Insights
Based on property information with market context.
This property offers approximately 0.58 acres of developable land, with an existing structure built in 1950 totaling approximately 1,500 SF, according to the Appraisal District. The site has ample room for parking and is described as meeting typical requirements for hotel development.
The property is zoned residential, with the possibility to rezone. It is also listed as one of seven contiguous parcels totaling approximately 1.86 acres.
The surrounding area is described as a mix of commercial, retail, hospitality, and multifamily properties, with the I-20 corridor noted as rapidly developing.
The property is zoned residential, with the possibility to rezone. It is also listed as one of seven contiguous parcels totaling approximately 1.86 acres.
The surrounding area is described as a mix of commercial, retail, hospitality, and multifamily properties, with the I-20 corridor noted as rapidly developing.
Key Highlights
- 0.58 +/- acres of developable land with an existing 1950 structure totaling 1,500 +/- SF (per Appraisal District)
- Residential zoning with possibility to rezone
- Listing is 1 of 7 contiguous parcels totaling approximately 1.86 +/- acres
Property Analytics
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Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
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Business Placement
Demographics for 79705, TX
44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
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Market
Average Price Trend$/SF for Commercial land in Midland, TX
Properties on Market for Commercial land in Midland
Frequently Asked Questions
What type of property is this?
Commercial land - Developable acreage includes an existing 1950 structure totaling approximately 1,500 SF, with parking room and hotel-development potential.
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: 0.58 +/- acres of developable land with an existing 1950 structure totaling 1,500 +/- SF (per Appraisal District); Residential zoning with possibility to rezone; Listing is 1 of 7 contiguous parcels totaling approximately 1.86 +/- acres
